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Hi All -Anyone have experience creating an LLC for building and managing a new ADU construction? Did you find it beneficial vs not creating the LLC or any type of pass through entity?Listed some of the tax benefits yo...
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Hello All,
I am looking to build a portfolio of SFR rentals in the Dallas area. I am thinking about looking at homepath properties and came across a list of approved lenders. Does anyone here have experience with a...
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In my area, the vast majority of new multifamily builds has been A-class. No one is focused on D-Class which makes me think that no one has figured out the economics of building affordable housing. Has anyone had succ...
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I recently made contact with a handful of commercial RE agents in my marketplace and in others where I am open to investing. One of the brokers came back and would like me to sign an Exclusive Buyer Representation fo...
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Hello Everyone!Just so you get an idea I flip single family homes. Sometimes I do complete tear downs and rebuilds and other times I do gut renovations and/or additions (depending on what the situation calls for). Up ...
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In the past, anytime I've tried buying a short sale, I waited about two months oply to have the bank say they want more money and kill the deal. For this reason, I have avoided short sales up until now.
I'm in the pr...
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Why aren't builders trying other materials instead of stick-built homes? I just paid $72k for a lumber package on 4 1250 SF townhomes that would have cost less than half that a year ago. Almost every major metro area ...
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Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...
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I've been thinking about giving property management a shot. I see a lot of managers post saying they have 50-80 doors.How long does it take to get to that level?How many did you acquire in your 1st, 2nd, 3rd year?What...
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Hello All,From an investor's perspective, what is most attractive in the presentation of a deal (besides good looking numbers)?Coming from a Commercial Banking background, performing the analysis, underwriting, and ul...