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21 August 2018 | 20 replies
Probably not with a traditional turnkey provider who offers you the final product at a premium price, as many mentioned here already.I built my property management business by basically offering our service at a fixed cost, being the boots on the ground for the out of state or out of country investor.The basic approach is, you find a good local team that will find you the distressed property, rehab it for you, rent it for you, manage it for for you.
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15 May 2018 | 3 replies
Basically looking to forge a nice working relationship in this market with a reputable and reliable person in the industry.
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15 May 2018 | 3 replies
Ok, so you asked what the MLS was basically.
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16 May 2018 | 9 replies
The reasons may not matter, but basically there have been issues that required several repairs.
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16 May 2018 | 1 reply
Basically I'm looking to purchase a property all cash, in Indiana, and would like to hold the property in an LLC in Ohio for example that seems to have the following benifits.- No annual report- No Annual Fee- No state income tax (c corp filing for tax not s corp pass thru)My question is basically, will I need to file biennial in Indiana if i register as foreign entity in Indiana (I assume this would be necessary to have a rental property with income in that state)I am less worried about the fee's for registering, but more curious about ongoing maintenance.From my perspective, if i have to spend a bit more money to register as a foreign entity in Indiana, but I don't have to file each year, the extra cost would be worth it to keep this thing low maintenance.Any thoughts or suggestions welcome.Thanks!
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16 May 2018 | 1 reply
This was posted by a respected member on the reddit real estate investing sub:https://www.reddit.com/r/realestateinvesting/comme...https://www.mauldineconomics.com/frontlinethoughts...One of the comments describes the "Minsky Moment", basically a collapse in asset value due to excessive loans being taken out, similar to the 2008 GFC."
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22 May 2018 | 7 replies
Most books will teach you the basics but Alex's due diligence book introduces you to some really important aspects of the business like the paperwork you will need to file and which liens could wipe you out of 1st position.
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16 May 2018 | 7 replies
Hi, I need to get a high-level understanding of how investing in RE is going to affect my tax situation. Any suggestions for where to go for a primer, either online or books? I currently do not have any W2 work, but...
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16 May 2018 | 5 replies
Basically, this rough estimate covers EVERYTHING that goes into running an investment like a real investment vs. you being the all-in-one handyman, PM, etc.
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17 May 2018 | 17 replies
Basically, he’s a guarantor of the lease.