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21 September 2018 | 14 replies
If you buy a distressed property (taking a risk of unknown problems, time delays) you will receive more reward.The other issue to consider is no one works for free and the people who set up the turn key want to make money.
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28 October 2018 | 21 replies
They set their price, and accept an offer.
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18 September 2018 | 7 replies
And I also have a business laywer I'm working with based in Nashville to set it all up properly.
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18 September 2018 | 1 reply
For one, my friend/potential partner is nearly impossible to get on the phone, and I have to constantly bug him about the big investor and setting up a time for us all together.
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9 October 2018 | 38 replies
I work with the staging company to set up the house and I list it.
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20 September 2018 | 4 replies
You and your attorney can set it up to run through a single business account.
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19 September 2018 | 4 replies
Spend some time looking around, and set up with the keyword "turnkey" in your notifications.
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18 September 2018 | 4 replies
If you have not been charging them for taxes and insurance all this time and you want to first start now, they will likely require a reduction in the base rent to account for the additional amounts paid to you for "CAM", so you should end up relatively even unless they are using a ton of utilities or taxes have gone up a ton, etc.You can have them direct deposit your rent, or set up an auto pay to your account.
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18 September 2018 | 8 replies
@John Tappi there a many ways to set this up. you can consult with an attorney and explain to him your strategy and he will be able to lead you properly with when you should set up the LLC.
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18 September 2018 | 10 replies
Leverage their knowledge to determine if you could afford this property if you sold your existing rentals (that likely are cash flow negative as a set).