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Results (10,000+)
Chris Price What CRM Do You Use? Why?
28 August 2024 | 21 replies
I'm currently using Podio but it's very cumbersome unless you know exactly what you want with it or have someone full time to make it efficient.
Kyle A. Buy Box Requirements
26 August 2024 | 2 replies
I've never worked with an investor friendly agent so I'm just looking for the most efficient way to utilize them if we decide to work together.
James McGovern Why are the number of fees for a loan growing?
26 August 2024 | 11 replies
You are not going to find cheap, easily obtainable, and efficient.
James McGovern Connecticut Real Estate Investor Association?
26 August 2024 | 6 replies
I just am dying for more time efficient conversations in life.  
Cameron Fowler Out of State Investing Locations
28 August 2024 | 32 replies
And a lot of start-up companies are migrating to this city as well, because of the efficient costs of living, the OSU campus that has thousands of students graduating and looking for jobs locally, and the availability of land.
Will Mejia Just sold a Rental Property. IRS is going to kill my gains help!!!
30 August 2024 | 29 replies
While your cash earns interest in a money market account, you could also explore tax-efficient investments in a brokerage account to make your money work harder while preparing for the tax hit.
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.
Melissa Faraias My rental won't rent. What are my next steps?
29 August 2024 | 43 replies
I totally understand it’s cheaper to list it yourself, but if you have a full time job already, this can be very time and energy consuming.
Stephen Lynch Long term mortgage or keep it in the HELOC
25 August 2024 | 13 replies
I'd love to look up the address and let's embarrass the realtor who can't sell it as well as the builder who didn't' build it or design it efficiently enough and who lost all your money. new construction in columbus is on fire and wherever this is built is not reflective of any person we have worked with in our market. can you shed some light on the deal? 
Wai Chan Providing tenant alternate accommodation when i need to fix the house
26 August 2024 | 23 replies
It is the sad story of being in landlord-unfriendly state.I will definitely try making the repair as minimal as possible until I can evict the tenant more efficiently.