Business Tips
How Poor LLC Documentation Can Cost You: Avoiding Personal Liability in Real Estate and Business
Last week a referral called me. “Samantha” explained that she was an investor and real estate agent. She did a wholesale deal to help out a friend several years back. The property was valued at $250k, and she made a modest fee. Nearly 2 years after the sale, the “friend” filed a lawsuit against her […]
3 min readManaging Commercial Real Estate Assets Across Different Markets
Unlock the secrets to mastering commercial real estate management across diverse markets and elevate your portfolio to new heights. Managing commercial real estate assets across different markets is a complex and multifaceted endeavor that requires a deep understanding of market dynamics, property management, legal regulations, and financial acumen. This blog will explore the various aspects […]
8 min readEnsuring On-Time Rent Payments as a Landlord
As a landlord, one of the most critical aspects of managing your property is ensuring that rent payments are made promptly and consistently every month. Late or missed payments can disrupt your cash flow, strain your finances, and create unnecessary stress. To safeguard against these challenges, implementing a robust tenant screening process is essential. By […]
5 min readUnderstanding the Impact of Economic Events on Real Estate Investing
Ready to dive into real estate investing but still feeling uneasy or have questions about how the economy affects the real estate world? Stay tuned to learn more! Real estate investment has long been considered one of the most stable and lucrative forms of investment. However, the stability and profitability of real estate investments are […]
5 min readTax Benefits for Military Real Estate Investors
Military personnel venturing into the realm of real estate investment are equipped with a unique set of advantages, particularly when it comes to tax benefits. Understanding and harnessing these tax incentives can not only optimize financial returns but also pave the way for a resilient and tax-efficient real estate portfolio. In this comprehensive guide, we’ll […]
5 min readShould You Put you Rental Properties in an LLC or an S Corp?
A couple days ago one of our ADPI members asked the group, “Not sure if I should put my rental properties in an LLC or an S Corp. Any advice? Such a great question, and so important you understand why we NEVER EVER hold rentals in an S-Corp. So, I’ve developed my list below of […]
3 min read$1.2M Investment Mistake
Embarking on the real estate investment path has been a rollercoaster, and today, I’m laying it all bare. I’m Markian Sich, CEO, and founder of ActiveDuty Passive Income, and I want to share the invaluable lessons I’ve gained from the three major missteps that significantly impacted my real estate ventures. These weren’t just bumps in […]
3 min readHow to Transfer Property Titles to LLC: Transferring Property and Estate with Transfer Title
Imagine a scenario where your rental property becomes the epicenter of a legal dispute, or worse, a tenant files a lawsuit against you. Your personal assets—your home, your car, your savings—could all be at risk. The mere thought is unsettling, isn’t it? But what if there was a safety net? A firewall that separates your […]
11 min readUnderstanding Property Taxes and Escrow Accounts When Buying a House
Learning about property taxes will free up time for you to focus on other important factors when you purchase a home. Buying a house is a significant decision and a substantial financial commitment, but the price tag is only the beginning. What if I told you that the initial cost is only one piece of […]
6 min readRisk Tolerance in Real Estate – Guide to Real Estate Risk Tolerance
Risk Tolerance in real estate is an important factor to consider when you are looking to start from scratch or further your real estate investments. Hello, fellow real estate investors! Today, we will be discussing an essential topic for any successful career in real estate: risk tolerance. As you plan for your retirement and aim […]
10 min read5 Ways to Find Awesome Private Lenders
Here’s how I find Private Lenders… 1. I post on Facebook about what I’m doing in REI. Only some of the time. It doesn’t have to be “live” or with your face, but those DO get more responses- even just something about the webinar I just attended or a deal I may have. When […]
4 min readShort Blog: 1099s Explained
Written by: NCH If you’re self-employed, or if you’re paying someone that’s self-employed, you need to be aware of the rules for issuing 1099’s. The IRS has established guidelines for reporting various income that is not reported on the standard W2 Forms. There are 21 different 1099’s that can be used depending on what needs […]
2 min read