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All Forum Posts by: Shall Tu

Shall Tu has started 2 posts and replied 2 times.

General Landlording & Rental Properties

Post: LLC and/or Property Manager

Shall TuPosted
  • Posts 2
  • Votes 0

I have a property in NC managed by the property manager. I live out of state. Can I also make an LLC or it wouldn't make any sense since it is managed by the property management company anyways?

0 Votes
Raleigh, North Carolina
General Landlording & Rental Properties

Post: Sell or not to sell

Shall TuPosted
  • Posts 2
  • Votes 0

I have a rental property in Cedar Park Texas currently occupied by tenants. The recent-huge tax increase has left with negative cash inflow of about 200-300 per month. I think we do not have much scope to increase the rent as per our property manager. Should I sell it or does it have a potential to appreciate over time? I bought it in 2017 or 2018. If I sell it, I'll buy something near Raleigh, NC.  Would that be a good idea?

0 Votes
Austin, Texas