13 July 2024 | 4 replies
A lot of people find their next guest or their next property by doing so.
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14 July 2024 | 17 replies
If you try to claim that you own the property as the owner of the LLC who also personally owns the property the court can pierce the veil.All of this being said, the only time I've heard people running into this issue is with professional tenants who intentionally try to work the system.
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11 July 2024 | 0 replies
I am excited to learn more and connect with you all!
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12 July 2024 | 48 replies
@William Hochstedler were I saw this model fail miserably for LA based investors was even though they are full doc.. the cash reserves that are there at the beginning.. investors get this irrational sense of security that their rents are going to come in like clock work that the homes are going to stay rented that their home will be taken care of like they would.. and the reserves end up getting spent on other things in their lives.. thereby wildling down their reserves.YOu have a bad run... you need 5k to fix up and re rent... house is vacant for 3 month during the process... and if you don't have the funds your PM is noting going to front it for you.. and down the tube you go. that's what I witnessed.. these were not speculators these were people that thought their 100 to 200 a month positive were a given and could never change.. and they were woefully under capitalized.
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10 July 2024 | 1 reply
Right now I find that I can easily find properties but have been finding difficulty showing proof of funds making people willing to wholesale their properties.
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13 July 2024 | 10 replies
I have been advised from many people to do this.
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11 July 2024 | 2 replies
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).
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11 July 2024 | 0 replies
I look forward to connecting with you all and contributing to this amazing community.
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13 July 2024 | 2 replies
I am excited to be with like minded people and cant wait to learn from you all!
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11 July 2024 | 1 reply
I'm particularly passionate about creating homeownership afforable properties.Outside of real estate, I enjoy fishing, the beach, sports, and working outExcited to learn and connect with you all!