Eilon Shoham
Negative cash flow deal - Would you buy it?
1 May 2024 | 14 replies
For my personal portfolio I want to look back 10 years from now and be happy with the locations I decided to buy in.
Frank Barletta
Why I'd focus on Fix and Flip, not renting in Toledo, OH
29 April 2024 | 31 replies
ALL my personals are never less then 15%, most 20% net. 99% in all OH markets buy for rentals.
Jacob Kurian
Property Tax Increase
1 May 2024 | 7 replies
you can challenge the value with an accountant, appraiser, etc most markets have a person who charges a flat fee to lower it. in Columbus Ohio most of the people that do this have a guarantee to lower it or it's like half the fee
Diana Mulvihill
STR Number of Beds, Opinions Please
1 May 2024 | 27 replies
I found the wear and tear and guests that wanted to use this as a 6 person were not what I was targeting.
Amir J Reichental
Which address to use when buying a property under LLC?
30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.
Derrick Lind
Tax deed auction in CA
2 May 2024 | 12 replies
Even though the ONLY way that a tax sale can be reversed is if the entity or person that lost the property can prove that the tax collector missed the statutory public notification laws.. ( ask me how i know this one LOL )..
Jose Leandro Gobea
Deduction related with the purchase of a property
28 April 2024 | 4 replies
For example, the costs to obtain the mortgage are typically amortized over the life of the loan.Real estate also offers expenses that do not involve cash coming out of your pocket.
Chris Diaz
Is Flip Coach by Ryan Kuhlman Any Good?
29 April 2024 | 64 replies
I met some amazing folks in real life from BP.
Lisa Green
How do I build a duplex or triplex on vacant Land
1 May 2024 | 7 replies
If you cannot get your personal finances in order then I would not suggest building.
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
That person answering the phone in the office should be professional and clear.