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3 July 2024 | 6 replies
It's an unnecessary expense to operate the business.
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3 July 2024 | 0 replies
Specifically:How are you planning to adjust your renovation and selling processes to comply with these new disclosure requirements?
3 July 2024 | 5 replies
I had it customized to my business with a developer.
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1 July 2024 | 8 replies
Hello all - I'm an entrepreneur and my business should make some millions this year.
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3 July 2024 | 6 replies
I was planning on combining the 3 strategies of brrrr, house hacking and sneaky rental strategy.
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1 July 2024 | 5 replies
I have a Series LLC I use to collect income for my consulting business, but the income goes to my personal checking account.
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3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
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6 July 2024 | 25 replies
They own a few of the businesses that do work for them.
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3 July 2024 | 7 replies
.- **Risk Management**: Assess the risk of cross-collateralization and ensure you have contingency plans in place for potential property underperformance.- **Alternative Strategies**: Continuing with delayed lending (refinancing after repairs and tenant placement) has its merits, allowing you to build equity and stabilize cash flow property by property.Please feel free to DM me.
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3 July 2024 | 15 replies
Communication, photos, and documentation is everything in this business.