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6 March 2024 | 10 replies
I will follow your suggestion to find an active local agent and see if he/her can provide 3 commercial developers.
6 March 2024 | 0 replies
This extension, if granted, provides a breather, extending the filing deadline to October 17.
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6 March 2024 | 5 replies
If it involves any need to extend the line or relocate a connection etc, then no it's not reasonable and I'd expect to hire someone to do it...ideally the service provider's crew.
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6 March 2024 | 7 replies
Also, you had better maintain the LLC properly or it provides no real asset protection.If properly managed, an LLC can provide more asset protection, but your first line of defense will be managing your property well and the second line of defense is good insurance.If I were Jeff Bezos, I would not put a property in my name because it would be a lawsuit target.
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6 March 2024 | 9 replies
Your CAP rate will be dangerously inaccurate if you calculate expenses incorrectly so let's break those down.Utility Set-up- As an overview you need to know the difference between city-provided utilities and onsite such as Septic Tanks with Leech fields, lagoons, Wells, EtcGetting more specific what utilities are maintained by the community, paid by the community vs the tenants.I will give you a quick example, I own a park with a bunch of multifamily manufactured units of which I pay the electricity bill.
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6 March 2024 | 13 replies
Could anyone offer insight on DSCR loans and/or provide any reputable lenders?
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6 March 2024 | 5 replies
Also if you can find any local hosts in that area they may provide a great recommendation.
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6 March 2024 | 12 replies
I have a solid amount of capital to invest and am looking to invest remotely in the Midwest or South in places that will provide a net income and, of course, ideally also provide at least a minimal amount of appreciation, but I'm definitely leaning more toward the cash flow model given that I'm an older investor.
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6 March 2024 | 9 replies
I have an awesome girlfriend of almost 4 years and is a big motivator for me trying to become financially independent so I can provide her and my future family a great life.
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7 March 2024 | 38 replies
I mentally prepared to pay longterm capital gains tax - as it would hard to find a good deal soon.my hope is yo buy a bigger property after the market corrects .I have more properties, not thinking about to sell as they are providing great cash flow .