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29 May 2024 | 2 replies
Rachel uses a California address for the LLC’s tax filings and a California accountant to prepare the LLC’s tax returns.
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29 May 2024 | 2 replies
Handling Maintenance requests and emergencies, Handling tenant disputes, Ensuring the tenants are properly insured (if you require them to), Marketing the property, Screening applicants, Handling the security deposit return, and a whole lot more.
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28 May 2024 | 6 replies
Their core product funds return low teens IRR.
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30 May 2024 | 43 replies
It’s better to have a presence at the property and I have found the tenants to be a lot more high maintenance.
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28 May 2024 | 15 replies
That should quiet the noise and return you to your "big why" of taking the leap.
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30 May 2024 | 10 replies
Your traditional hard money doesn't eat your profit, they charge you a high rate.3. $150/month in cash flow is not something to hope for.
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26 May 2024 | 8 replies
As for the Cost Seg studies, did you really give those to your CPA's in advance of the 2022 tax returns?
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30 May 2024 | 11 replies
They aren't tax savvy and neither are high income earners (both very low income/retired) and won't really entertain any savings strategies.
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29 May 2024 | 9 replies
@Vanessa SwitzlerI live and only invest in Greenville SC.It’s a great place to live and a great place to invest.It appears we have similar approaches doing JV and smaller syndications though we did do a deal with 281 units, too.My only caveat would be that I don’t consider Greenville to be a cash flow market - the growth is too strong and the demand too high.
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30 May 2024 | 12 replies
Loom is a great platform for adding all SOPs to video form - huge timesaver when it comes to onboarding, training, and familiarizing your staff with current systems- Create a tiered compensation structure for agents to incentivize the high-performersHope this helps!