22 May 2020 | 27 replies
The richest person that I know drives a 12 year old mid sized SUV with no fancy features.
2 March 2020 | 4 replies
Are the loan sizes you'd be looking at above the lender's min loan size?
2 April 2020 | 5 replies
One of the jurisdictions has even rolled out the RED CARPET for my company, Life Size: Tiny Communities.The whole goal and mission of this is to retain attainability for people starting out or just anyone looking to live a life with less stuff, less debt and less worry.
11 July 2022 | 17 replies
Planning to ramp that investment business up now with a specialty in ADU development and have started to explore relationships to do so including a family member that owns a successful general contracting business and others with capital to invest.I'm hoping to find other people that bring something to the table and are actively trying to learn the playing field for ADU development under the new laws.
2 March 2020 | 3 replies
I personally think a series LLC is excessive but it’s all about how risk tolerant you are.Also having a llc for a property management company might just complicate things unless you have a decent size portfolio and are charging overhead and profit on repairs.As far as taking distributions, whether you take a distribution from one LLC or the other shouldn’t matter, but I’m an accountant so it’s easy for me to track.That said, from my understanding having a series llc like that really puts an emphasis on separate financial statements which it may be easier to structure distributions from one entity if you don’t have an accounting background.Either way, taxes don’t sound fun lol.
5 March 2020 | 2 replies
I've successfully managed multi million dollar assets for investors of unit sizes from 250-980 units within multifamily.
3 March 2020 | 2 replies
They will see some value from additional lot size if they combine to their property.But I don't see how you could get any write off.
15 August 2020 | 19 replies
I've hunted for information and have only read that impact fees will be correlated with the size of the 1200 sq foot adu compared to the 1500 sq foot front house.
4 March 2020 | 4 replies
On the flip side a downturn it could mean more renters and less buyers.What is the HUD fair market value for rent of your sized property?
4 April 2020 | 5 replies
No But I can tell that the best idea backup with a real property at the closing table gets Rewarded BIG TIME!