5 January 2026 | 1 reply
A good place to start your search for a landlord attorney in the Durham area is martindale.comIt’s a long-standing legal directory where you can find attorneys by location and practice area.
5 January 2026 | 0 replies
Here’s the tight, practical version.New FinCEN Reporting Rule — What You Need to KnowIf a residential property (including residential lots) is purchased:By an entity (LLC, corporation, partnership, or certain trusts), andWithout traditional financing (cash, private money, some hard-money deals),a FinCEN report is mandatory.No report = no funds released at closing.How to stay compliantDisclose entity purchases at contract, not the week of closingHave ownership and control info ready upfront (generally 25%+ owners and entity signers)Expect additional paperwork on cash and investor dealsCoordinate early with your title company or closing attorneyOfficial guidance from FinCEN:https://www.fincen.gov/rreFor a visual walkthrough of what this looks like and why it matters, here’s a great explainer for visual learners:https://youtu.be/509Xqze7gDw?
6 January 2026 | 3 replies
Also relies on deceptive capital raising practices.
4 January 2026 | 13 replies
Instead, a few practical paths to consider: look at portfolio lenders or local banks/credit unions that will cross-collateralize or offer better pricing once you bring them multiple clean duplexes; selectively refinance older low-rate properties to recycle some equity while keeping DSCR conservative; or bring in limited capital partners for a few deals so you can keep 20% down and scale faster without blowing up returns.
26 January 2026 | 65 replies
Apart from the fact that it's common sense, one of my friends who was developing in The Dominican Republic was talking to them (before knowing about their business practices) and they were asking for outrageous commissions (way higher than what a real estate agent would get).4.
14 January 2026 | 7 replies
If not, the “available equity” may end up being more psychological than practical.
7 January 2026 | 0 replies
Reasonable practice lengths.
6 January 2026 | 4 replies
Since he’s a solid long-term tenant, I’d keep this practical and forward-looking.
11 February 2026 | 32 replies
This can be a practical middle ground.Option 3, Invest out of area while you keep renting locallyThis is common for W2 buyers who want to start building equity without stretching for a primary home in San Jose.
21 January 2026 | 40 replies
The P&Ls themselves are system-generated from QBO and then reviewed by me and our CPA.How it actually works in practice:• VAs code transactions and reconcile accounts monthly• I review the P&L at the entity and property level for accuracy• CPA does periodic review, cleanup if needed, and tax planning• No VA is making judgment calls on accounting treatment, allocations, or tax decisionsThink of it as assembly line vs sign-off.VAs keep the books current and clean.