Justin Walters
LLC Created in 2022; Need a New one Now...Now what
28 August 2023 | 5 replies
Once written, the JV Agreement can be reused again and again using different addresses as you accumulate properties.As an option, You might want to put rentals in one LLC and fix & flips using a different LLC.You also might want to just have everyone have their own LLC and create a Joint Venture for buy & holds and a Joint Venture for fix & flips and each LLC joins or sells their LLC share as desired.LLCs require careful maintenance in following the Operating Agreement in order to retain their value.
Sofia Duque
getting rid of a good tenant
29 August 2023 | 26 replies
My philosophy is to always try to retain tenants who have proven to be a good tenant.
Kathy Leach
Should I do JV or create LLC?
17 August 2023 | 8 replies
If you choose to use LLCs, then you each have your own LLC and each LLC is a party to the Joint Venture Agreement (written up by an attorney) LLCs require careful maintenance in following the Operating Agreement in order to retain their value.
Pranav Chunduru
What is the value of buying older houses to House Hack?
21 September 2023 | 16 replies
The leaning retaining wall doesn't have to get replaced yesterday.
Christina Greaves
Tell me about your zip codes
19 September 2023 | 15 replies
.- Future development in the port of Everett: 60k sqft retail and 200k sft commercial- Lynnwood's growth plans is rather restrictive for high density multi family growth- Massive investments in Maltby, Cathcart, Arlington & Maryville's signaling developer's confidence in lack of housing and growth opportunities.
Marcus Geiser
Own it Outright, No $ for Rehab, What Next?
15 November 2022 | 22 replies
The more value I ad as a wholesaler the the higher quality investor I seem to attract and retain.
Kyler J Sloan
Passive Losses for STR's
16 October 2022 | 21 replies
In essence you're accelerating depreciation on your STR rental properties if you qualify for the MP - material participation rules.If you take into account the inflation rate, the benefit upfront, and the ability to defer taxes and retain more of your capital to acquire more real estate it can be worth it.
Al Williamson
How Can Landlords Profit from the Internet-Of-Things
26 February 2018 | 34 replies
A gate may send a signal meaning "I'm open" and a chair may send a signal saying "183 lbs."
Justin H.
Best way to structure
20 December 2013 | 4 replies
Would it work under that scenario for my dad just contribute necessary capital to the LLC in advance of the closing for the next purchase and then I use that capital along with my own cash in the LLC from retained earnings for the closing that is done in my name and then transfer the deed to the LLC?
Sandy Uhlmann
Do pet owners tend to stay longer?
5 January 2014 | 11 replies
A portion of the security deposit is usually retained at the end of the lease for cleaning and my pet owners have never challenged that.