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5 July 2024 | 5 replies
I can see why the landlord wants to use their person . . . they probably want to make sure its a quality repair.
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2 July 2024 | 10 replies
Please feel free to reach out to me directly if you need!
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3 July 2024 | 14 replies
Here’s what I have a funny feeling about.
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2 July 2024 | 1 reply
I feel so helpless in this situation and appreciate your opinion
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4 July 2024 | 14 replies
Together, this structure will protect you personally from lawsuits, as well as keeping your investment properties isolated should legal problems come up down the road.
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5 July 2024 | 4 replies
You will need 20-25% down and a commercial loan for the rest.Most lenders will want to lend to an LLC with you personally guaranteeing the loan.Typically, each MFR would be purchased under its own LLC, for liability purposes.Each LLC would then also need its own bank accounts for collecting rents and paying expenses.
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5 July 2024 | 8 replies
I have personally never heard of the county having any say .. other than I do get calls from (state of Colorado) Tax collector after I purchase something and they want to know why we paid less than market value.. but they contact after the fact..
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5 July 2024 | 5 replies
As someone with basic framing/DIY knowledge, this is something I would feel comfortable tackling over a long weekend and would only cost me around $500 in materials.
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5 July 2024 | 9 replies
DM me for the person I worked with.
2 July 2024 | 8 replies
I don't want to just pay her 5-8% of rental income as I feel like there are some months where she really won't need to work much and I don't want to overpay.