16 January 2020 | 4 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
18 January 2020 | 2 replies
Listen at 1.5X speed if you can handle it to get through more quickly.3) The Book on Rental Property Investing - I know you mentioned wanting to flip, but I suggest starting with this book even for people wanting to flip.
15 January 2020 | 4 replies
Hire a local full-service property manager to handle the property maintenance, the housekeeping, the inquires, bookings, contacts from guests & advertisements.
31 January 2020 | 5 replies
You can do an llc if you want but that doesn't affect how you should handle the profit/loss.
15 January 2020 | 3 replies
I just want a one stop shop to handle everything we do as off-market investors.Please drop here, or message me, the contact name, #, and email.Thanks in advance team!
14 January 2020 | 0 replies
I’m not a shy person and can handle rejection, so I at least have that going for me.If you have any advice or suggestions, I appreciate it.Thank you,Ryan Burnham
26 January 2020 | 14 replies
I handled every aspect from house/site selection to design and turn key furnishings.
15 January 2020 | 1 reply
How much unencumbered cash can be distributed to investors and myself after all operations and debts are handled.
19 January 2020 | 2 replies
We knew we could hire a property management company to handle everything.
17 January 2020 | 9 replies
I considered taking the FHA route.Since I have the project managing experience my sights were set on a two bedroom one bath that I could make a three bedroom two bath down the road.Now taking this to a business level vs personal level- that's the basic backbone of the business.I can do the drawings, have experience with the individuals that handle permitting, and the process, and then can directly reach out to subcontractors as the owner of the property to facilitate the rehab and/or addition.My own research has led me to believe that rental rates (I also have personal experience with these) and low vacancy due to over demand should prop up this model effectively.