7 June 2022 | 9 replies
I had several attorneys do free consults but they don't get involved until you've received an official offer.
4 January 2022 | 21 replies
It's difficult but not impossible to be involved into a multifamily syndication!
23 May 2021 | 5 replies
I would say that many folks try to connect with other investors by means of platforms such as Bigger Pockets yes, also getting involved with a few REIA (right now is a great time for online meetings and the ability to be a part of REIAs all over) and connect with some agents just to chat in the markets that you're looking into- I can help you there if you'd like for Indy and other areas.There are going to be various podcasts, articles, blogs, etc on markets and what's trending, but I would personally suggest using numbers as my point of guidance and not follow trends as much as historical/long term results.
14 May 2021 | 2 replies
My first question and concern is how involved the city can actually be?
17 May 2021 | 7 replies
It will only benefit the GP (who uses the partnership money to order the cost segregation study) and all the middlemen involved, while it will significantly increase the losses for the LP requiring them to file the state return or risk not being able to capture the losses in future.
14 May 2021 | 5 replies
In many of the title claims involving forged deeds I handled, all communications between the parties were handled via email.
16 May 2021 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
14 May 2021 | 5 replies
Since it is a type of transaction that typically does not involve any type of representation and will usually use/require contract forms other than the ones provided by the Association.I may be overthinking this, but I'd love to hear your thoughts/experiences!
26 May 2021 | 16 replies
A professional manager will:1) Limit the risk of lawsuits and risk on tenant safety2) Perform home turns between tenants quicker than you can3) Screen tenants with advanced knowledge on Fair Housing Laws, identity theft, and filtering false references4) Be able to monitor and handle scams5) Provide you with the quickest eviction process if needed6) Have problem solving skills, so that most days you don't even know there was an issue because it resolved with little or no involvement from you.7) Have resources that include eviction attorney, repairs, cleaners, appliance repair, screening companies, mortgage properties, emergency line coverage.
16 May 2021 | 4 replies
Not the other way around as the 'corporate veil of protection' is still valid while incorporating a business entity mind you.I think you're asking if alternatively an LLC would suffice as a way to organize, but this can easily be determined with an SEC lawyer (even an initial consultation).Your question indicated about ten people involved in this particular business plan and could be covered under the LLC as well in the ability of 'unlimited owners' (people involved)- but again that's where a consult with an SEC legal professional comes into play.There may be things that even your LLC would be involved with that (if you started there) would pop up on the SEC radar- and it seems better to know how to most legally organize from the start.There are various podcasts and books on this topic for folks in your exact situation, but I would consider maybe just skipping those and going for a meeting with an SEC lawyer from the gate- better safe than sorry, and you may be advised an LLC would work just fine for you.