7 July 2021 | 0 replies
*the take away here, IMO, is not to try and predict crashes but to operate in a way that give you the flexibility to be opportunistic when these random dislocations happen.
7 July 2021 | 3 replies
I'm currently in need of a strong list of vendors and contractors who operate in Greenville, Spartanburg, and Anderson and surrounding areas.
14 July 2021 | 5 replies
As an individual who has rented for the last few years (new to REI, plan on househacking a duplex as soon as we close), I would suggest going with Option 2 using coin operated machines.
8 July 2021 | 7 replies
Yes, at it's very core, wholesaling is simply the act of buying something at price A and selling at price B with the understanding that B is a bigger number.
8 July 2021 | 20 replies
I generally prefer to go it alone, any kind of partner (even relatives) mean you have less say in management, operations and exit strategy.
18 July 2021 | 9 replies
You can get in hot water that way legally as all LLCs could be argued to be operating as a single entity and thus pierce the corporate veil.
8 July 2021 | 6 replies
I’m not too keen on the fund and grow model operating solely on business credit but it does seem the most direct way to utilize the cash I have on hand and acquire enough operating capital to get into decent property.
16 August 2021 | 7 replies
First off, they are operating illegally under Florida Statutes Section 718.112(2)(a)(1.) by only having three board members (unless there is less than five total units in the condo itself).
9 July 2021 | 1 reply
Do I create an operational agreement between LLC A and LLC B for such operations?
8 July 2021 | 1 reply
You as the operating partner are responsible for the management of the property: finding tenants, maintenance, overseeing and organizing the financials, etc.