Graeme Harris
How to serve notice?
1 July 2024 | 6 replies
In your case, I would also include that you are giving them 30 days notice to vacate the unit so you can occupy.
Bryan Droll
Making customizable Add-ons into "Amenities" to increase ADR
1 July 2024 | 8 replies
Background: My wife and I have managed 3 properties in N GA since 2021.Has anyone ever included customizable add-ons within their STR listing as a way to differentiate their listing but also increase profit?
Ryan Denman
How to raise money and form partnerships with non-accredited investors
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?
Paul A.
Store Tenants Belongings?
1 July 2024 | 1 reply
If it worth more than $2,000 there is more involved, including selling the property and turning the proceeds over to the state as unclaimed property.
Blake Forrest
Finding a credible/reliable GC
2 July 2024 | 12 replies
It depends on the type of work, of course and what is included in the contract.
Lor Fara
Entity structure for out of state LTRs
3 July 2024 | 6 replies
While a general rule is that you can purchase property in different states under an LLC formed in another state, you may wish to ensure that the LLC structure and path that you have set-up is appropriate for you and provides the benefits that you are looking for before transferring ownership into those LLCs.
Adro Ramos
Impact fees - Church to residential.
3 July 2024 | 4 replies
Sometimes when a church is converted to residential the taxation may start at purchase or it could revert back to a date - that would be something to consider.
Gina Coleman
Anyone have a written contract for out of state GC’s?
30 June 2024 | 6 replies
Project Timeline: Specify the start and completion dates, including any deadlines for specific milestones.
Rob Ibarra
Car Wash Detailing Hack
3 July 2024 | 6 replies
Anything that's quick and easy to purchase when someone is washing a car on a hot day.
Alton P.
The case for starting a business before getting into real estate
3 July 2024 | 0 replies
Several years ago, even with high cash flow from a business, I felt fairly locked out of the places I wanted to purchase due to endlessly rising prices and rates that required constant underwriting revisions to the point where it wasn't worth the time expense.