Going forward, we want independent book quarterly reviews C.

This way we reduce our monthly legal expenses and have cash reserves to weather the next few quarters during the virus.

.• Routine 2×/year, drive-by quarterly.Options: annual/semi-annual • drive-by quarterly/semi-annualOnboarding & Reserve• Full property onboarding.• $400 maintenance reserve per unit (trust account; no monthly “emergency fee”).Options: $300/$400/$500I want no hidden fees and clear, regular updates.

Second, I do a quarterly rental analysis for our area (Cape Coral, Fort Myers, Port Charlotte, Lehigh Acres, Bonita Springs and Naples) and a lot of our new clients really liked the video which is in our blog area of our website.It depends on which type of property you are investing in as to how long the rents will keep sliding. 

Originally it was only going to take a year after investing 3 years ago, but the excuses just kept building Quarter after Quarter with Covid Covid Covid, construction costs, interest rates, and then their Facebook Ads not working. 

If I raise money, AND co-sign a loan, and have a quarterly GP meeting and property tour, is that active enough?  

Run the numbers and you’ll see that the P/HML will take roughly one-quarter to one-third of the profit in a sensibly originated deal.

Fast forward to yesterday, I scheduled my regular quarterly inspection of the home with my contractor.

If you have taxable income outside of a W-2, you need to be proactive with planning and scheduling estimated payments (at least quarterly or increase W2 witholding), since there’s no automatic withholding and can catch people offguard. 

Here’s how you can do that:Loan Terms:You can set up a loan with an interest rate similar to what a bank would offer for a similar loan (probably around 4-8%).The LLC would only pay interest for the first 5 years and then pay off the full $150K once they refinance the property.Payment Schedule:Set up monthly or quarterly payments for the interest.