Heather Armoogam
Is the CTREIA coaching program worth the money?
21 August 2024 | 17 replies
They know how to really reach you deep down where it matters and get you all pumped up convinced what you need is what they offer to be successful.So how do you not fall for that?
Tim Kaminski
Rule of Thumb for Estimating Costs Selling?
21 August 2024 | 2 replies
This figure can vary based on how the deal goes.
Rajagopalarao Paidi
Any recommendation on forming out of state LLC or Home State LLC
26 August 2024 | 8 replies
Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.
Olga Daisel
Discount me the sales price please
20 August 2024 | 14 replies
I might came up with cash, but it has to be discounted.
James McGovern
What Listing Agents are most likely to have a large database of buyers?
24 August 2024 | 7 replies
If they are constantly closing they will likely have buyers already lined up in their market.
Sam Chan
When to refinance?
20 August 2024 | 8 replies
Currently, it is at about 77% LTV, based on the appraisal.
Zac Lindquist
Funishing Costs to Mid-Term Rent in Columbus, OH
24 August 2024 | 9 replies
Consider saving up $10-$20 per square foot over the next year.Apply the Enemy Method to find and study your comps.
David Colthart
How to BRRRR in Ohio in 2024
24 August 2024 | 26 replies
save up more =)Thanks for taking the time to reply Nicholas!
Chris Antonelli
Want to sell and stay for 4+ years
26 August 2024 | 17 replies
Had ups and downs along the way as I'm sure many people have.
Piper Pepperidge
Not use buyers agent
24 August 2024 | 12 replies
Although most just get the yes man/ma'am inspector that doesn't break up deals.