18 August 2020 | 67 replies
After the training your friend will work and communicate directly with the fund manager by doing the following: a) Your friend will find a vacant single tenant commercial building with the specific criteria they were asked to identify by the Fund Manager (there are 15 criteria such as heavy traffic, with a previous tenant that used to be a food operator so all would be set up for another fast food business as they are essential businesses and it also important to have with great national tenants nearby etc) b) your friend will contact the listing broker and will use the script given to her by the Fund Manager c) she will make an offer to purchase the property all cash and will send a proof of fund given to her by the fund manager showing that capital is sitting cash in the fund’s bank account.
16 August 2020 | 13 replies
I routinely work with numerous organizations that have a 1000 or more corporate vehicles including LLCs where sequestration of liability makes perfect sense given the relative active business risks which are enormous and the relative costs of establishing and maintaining the structure are negligible.So again I say show me a small real estate operator that has been saved by an expensive and cumbersome legal entity structure that couldn't have been done it at least as effectively and much more efficiently through fundamental risk mitigation practices which disciplines one to act responsibly from the outset.In other words, running what are essentially passive real estate activities by retaining competent and professional management and a modest amount of insurance coverage (which should effectively limit risk sourced to the RE activity), and if you need additional coverage (for risk sourced outside the RE) get some ultra affordable umbrella coverage.Now I realize you won't be able to able to strut down the street pretending you are a player because you have an LLC, but it seems to be a very very small price to pay for not being played for a fool wearing the LLC trappings of a clown.
17 August 2020 | 16 replies
You need to stop reading whatever you're reading that has created these ideas or smoking whatever has brought these pipe dreams and actually consult with a qualified tax professional.You're off the rails in so many different ways that just trying to organize my thoughts to address anything would require a complete re-education of pretty much everything you're thinking.Quickly though...Active participation in a home you're house hacking and currently living in does not create a deductible loss.
26 August 2020 | 13 replies
Since new agent applicants must disclose any criminal convictions... the Division stated "please remember that DUI, OVI, driving with a suspended license, driving with fraudulent plates are not routing traffic violations".
27 December 2020 | 2 replies
Also I'd be interested in helping organize Meetups in our area.
20 August 2020 | 11 replies
You want to set yourself up to have conversations with investors as often as you can in addition to organizing and vetting deal flow.
4 September 2020 | 2 replies
.)- How do you manage and stay organized when you hire a virtual assistant to help you cold call and generate leads?
19 August 2020 | 3 replies
What you can offer at the starting point is your analytical skill and perhaps technical knowledge on how to organize an email or web promo campaign.
24 November 2020 | 6 replies
Very thorough and well organized.
12 November 2021 | 53 replies
Zillow duplicated the ad and put it on their website to get more traffic.... people were calling us and we told them we didn’t even advertise on Zillow.