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20 September 2024 | 7 replies
This helps demonstrate that the property was acquired with the intent of being a long-term investment, rather than just a quick flip, which is important for the 1031 exchange to qualify.That said, each situation is unique, and there are exceptions.
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25 September 2024 | 96 replies
Ends up a few times we are looking at some of the same leads, except he paid top dollar for his.
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20 September 2024 | 31 replies
With exception of one mentor who I greatly admire and respect, I have spent 1000's over the years on RE courses collectively and not experienced this kind of support, encouragement or expertise without having to pay quite a bit for it.
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21 September 2024 | 12 replies
I would explain that I typically do not do upgrades except during turnovers between tenants. 3.
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22 September 2024 | 25 replies
Then the rest would be the same, except we wait until the morning after check-in to see how things are going since some guests are late arrivals.
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22 September 2024 | 13 replies
There are exceptions, but not many.My policies are explained to landlords when they hire us.
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23 September 2024 | 33 replies
I require a $1,000 security deposit, no exceptions and I let them know they will be paying all utilities, mowing the lawn, keeping up the landscaping and cleaning the gutter.
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19 September 2024 | 7 replies
Or, should i do the same exact concept except eliminate the holding company, and simply have 3 independent LLC's, all with me as the member, and the property management company handle all of the transactions and pay the property holding LLCs a fee each month?
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19 September 2024 | 15 replies
With the exception of financials.
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17 September 2024 | 11 replies
I manage all my properties except one so it would be hard to say I don't have the required hours.I also don't have a day job and RE is all I do.