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4 May 2024 | 10 replies
Any tips or recommendations for getting coverage in our state?
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4 May 2024 | 11 replies
It may be more simple than you think, so I'm happy to share my experience and recommendations.
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4 May 2024 | 13 replies
I wouldn't recommend buying all cash if you can avoid it.
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4 May 2024 | 0 replies
Location Location Location is everything everything everything Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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6 May 2024 | 23 replies
Although I'm not recommending any particular thing for you, I'm just pointing out that there are other ways to make money than this.
6 May 2024 | 62 replies
I would not recommend that an agent broker the deal.
5 May 2024 | 5 replies
Also, rentals in S Corps are generally bad should you want to revoke S Corp election one day, the assets are distributed at fair market value and likely will have capital gain without cash.Alternatively, a multi-member LLC taxed as a partnership is considered a pass-through entity, and if your state allows SALT work-around / PTET on rental income, a partnership solves both issues.We recommend partnerships often for rentals especially STRs.
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5 May 2024 | 41 replies
@Jake Posnerstrongly recommend looking closer to home - OOS investing is more difficult than it's made out to be. andwith rates where they are, there's just about no cash flow right now unless you employ a creative strategy or a combination of creative strategies.if you just buy any old property in any old market, you're not going to cash flow.
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4 May 2024 | 18 replies
I recommend doing at least 5 per day.
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4 May 2024 | 4 replies
Depends perhaps on where you are, but most of the good real estate attorneys I know in Texas recommend against using Contract for Deed.