5 July 2024 | 5 replies
Are you currently working with one?
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6 July 2024 | 25 replies
if you don't mind me askingI started with Evernest but currently with Dove Realty, (Katrina Hawkins).
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4 July 2024 | 6 replies
I currently have a small portfolio but they are single family homes.
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5 July 2024 | 1 reply
@David O'Sullivan JrRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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4 July 2024 | 11 replies
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest.
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2 July 2024 | 9 replies
It’s currently rented for $2,200/month, with a mortgage and HOA fees totaling $1,900/month.
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2 July 2024 | 4 replies
I'm a current homeowner with approx. $150k in equity.
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4 July 2024 | 3 replies
The home appraised last year for 2.1m, currently on the market for 1.98.
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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?
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5 July 2024 | 19 replies
I am a first time investor, about to rent out my current home (3BR/2bath) as I move into a new one (so a tad nervous!).