Ryan Denman
How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
Bob Beach
Property Managers, Red Flags?
6 July 2024 | 25 replies
They cash flow well though so it is what it is.
Jack B.
Should I let my tenant pay for this AC repair?
2 July 2024 | 8 replies
I would however get into the habit of increasing rent every year, even if it is a small amount-it adds up and I'll bet your costs (insurance, taxes, etc) go up every year.
LaShanna Beasley
Should we sell or rent the home to someone
2 July 2024 | 2 replies
Should we hold out for a better offer, or take a cash offer now?
Jon Sidoti
Worked with brokers and got great deals!
2 July 2024 | 5 replies
We look for cash flow and growing markets.
Jason Weber
Property Manager pay structure
2 July 2024 | 8 replies
I'd just pay her a straight percent of the rent or a set $ amount.
Seth McGathey
How do rent discounts affect taxes vs value
2 July 2024 | 10 replies
In one of the podcast episodes, I remember them saying that if you are trying to avoid raising rents too high on an existing tenant, you are better off renting at the full amount you can and then giving them a discount on the rent.
Kevin Srednoselac
Looking to network in Northwest Indiana.
2 July 2024 | 24 replies
@Anish Ramrakhyani - Indiana is a GREAT place to invest :) lots of potential for cash flowing deals.
Jim Moore
Brand New Construction 4plex w/ 5% interest rate
2 July 2024 | 4 replies
Price - $960,000Preferred Lender rate - 5%Rent per unit - $1,700-$1,800 (3 of the 4 units we had leased at close)Unit size - 3bed | 2.5 bath + garageFinancials - 25% down, 5% rate, monthly cash flow roughly $900
Paul A.
Store Tenants Belongings?
1 July 2024 | 1 reply
Or should it remain in the residence and we are at a standstill until the set amount of days?