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21 October 2020 | 8 replies
As for accounting, QBO can help with income and expenses, loan tracking, cash flow analysis, and helps make tax time a breeze for your CPA, if maintained properly.
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18 November 2020 | 8 replies
Hi Marc, I am very familiar with Towson as I studied at Loyola Maryland which is pretty close.
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27 October 2020 | 8 replies
I’d like to get any information or suggestions on data I should include in the presentation in order to:1) present the partnership in a favorable light while maintaining a balanced view of it as a whole, and2) provide enough information in the presentation to give my potential partner a good understanding of, or “feel for,” the partnership, and/or serve as a springboard for future conversation and analysis.An additional, related question: in what way(s) would a business presentation for a potential equity partner differ from a presentation for a hard money lender or private investor?
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20 October 2020 | 8 replies
If the price is right, and the property is maintained, tenants will stay a long time.
20 October 2020 | 3 replies
You need to look at protecting/maintaining your corporate veil.
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21 October 2020 | 23 replies
Then you want to incentivize your PM towards finding tenants that are likely to stay long-term (this weeds out college students and recent transplants and divorcees), conducting regular inspections, and maintaining tight standards over the properties (regular spot checks for grass cutting, timely correction notices, etc).
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19 October 2020 | 1 reply
Scenario - living in a high priced city, looking to invest out of state, an individual has been told that they will be working from home for the foreseeable future, with this, the individual is looking to relocate to a cheaper market but maintain their expensive city income....
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24 October 2020 | 7 replies
You maintain it as a rental and pay all the bills (of course with rental income).
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23 October 2020 | 10 replies
I’ve posted on this relentlessly...For a couple of properties, insurance and umbrella policy should be enough.Don’t forget that LLC’s are not eligible for conforming residential loans should you decide to refi...You also need to operate the LLC as a separate entity to maintain/protect its corporate veil otherwise you’ve defeated the purpose.
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20 October 2020 | 3 replies
If you want to master these 2, study these 2, wholesaling is simply when you apply these skill to real estate for the purpose of "horse trading".