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23 April 2019 | 0 replies
The West half of the park units have individual meters that are billed through the City directly.
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24 April 2019 | 3 replies
I am a believer in surrounding yourself with more successful individuals.
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25 April 2019 | 6 replies
If you can get five individual residential loans vs. a single commercial loan, you can get fixed financing for a longer term.
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23 April 2019 | 2 replies
It's also worth noting that charging order protection for single member LLC's in Florida is poor, so you should consult with an asset protection attorney for better protection options.
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23 April 2019 | 3 replies
I first wanted to dive into the stock market at first, but then I read the book "Rich Dad Poor Dad" which completely changed my outlook on investments (surprise right?)
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26 April 2019 | 2 replies
And even with most it may may take a long time to heal from a poor purchase."...it is generating a 9.6% cash on cash currently with probably 100k unrealized appreciation in 10 years."
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29 April 2019 | 4 replies
Bottom line, legal entities come in when your net worth becomes significant enough to create firewalls between individual pieces.Avoid large banks and google local banks and credit unions; with a decent credit score you will not have a problem to get a loan in your name on a cashflowing property.
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30 April 2019 | 4 replies
Unless you're a millionaire and don't mind losing a significant portion of ROI... those investments companies are "ok".I personally wouldn't trust them with that much capital (I've spoken to an owner of one of those companies before and he could not generate a straight answer of his firm's average ROI over the years - they also had really poor property management of the few hundred houses/lots they've owned).
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28 April 2019 | 5 replies
It is often easier to finance a property if purchased as an individual.
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26 April 2019 | 4 replies
@Patrick SearsIt’s different for each Individual but if your full time job doesn’t max you out in social security you can look at an S Corp and speak to a CPA to see if there are ways to minimize taxable income.With notes really not much you can do if your looking to sell them vs holding them long term.