13 June 2020 | 4 replies
I don't have the energy to fully address another LLC transfer question, but I wholly agree with @Jeff Copeland.I will also add that a QCD puts your title insurance at risk if vesting isn't exact.
13 June 2020 | 3 replies
I simply want to do this in the most strategic and efficient way possible so that I don't have tokeep doing it over and over because we missed some.
18 June 2020 | 3 replies
How can I efficiently estimate what condition houses might be?
16 June 2020 | 23 replies
Also if you want to scale quicker and more efficiently then a coach is much more helpful than learning on your own.
15 June 2020 | 1 reply
You'll have a lower per-unit price and realize efficiencies of scale. 5+ units also makes it possible to force appreciation, but you probably already know that since you own a small complex now.
21 June 2020 | 17 replies
Make some fixes, gain efficiencies in management, and increase rents and you immediately increase the value of the building.
28 June 2020 | 6 replies
After all, we're paying for them anyway (it comes out of one of the line items on our National Grid bills, I forget which one, it's something generic sounding like "RI energy programs").They do decent work at a great price and it will save you energy/money over the long run too.
16 June 2020 | 30 replies
If they're not putting in effort to bring you on board, there could be one of two issues: you don't have properties yet/your properties are not in good areas, or they don't have an organized and efficient process, and their communications with your tenants won't be any better.When you do evaluate on the terms, it's also not as simple as picking the lowest cost.
20 June 2020 | 10 replies
Seeking advice or anyone who has gone through with this.I have a sizable rental property portfolio (80 units) over three states than are all paid off.I live modestly and have very little expenses, and have reached a point in time in my career where I no longer have the energy to grow my portfolio.My wish is to hand off day to day management of my rentals to my three children, and evenly share the rental income with them, and eventually pass on all my assets to my children.Does anyone have advice on how I should proceed?
13 August 2020 | 7 replies
If one knows how to lease properties effectively and efficiently and can identify niches then you are well on your way, especially for buy and hold.