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14 January 2025 | 8 replies
That makes the investing and property management a LOT easier.
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15 January 2025 | 4 replies
Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.
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14 January 2025 | 6 replies
Hire a property management company who will manage it for you.
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21 January 2025 | 1 reply
Does anyone have a real estate attorney recommendation to review a property management lease?
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16 January 2025 | 3 replies
Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.
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22 January 2025 | 12 replies
Especially with the way the holidays fell and at least for us some pretty heavy snow storms.I try my best to have leases end between April and October.
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17 January 2025 | 23 replies
After 30+ years of property management, I'd say get used to it sucks.
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24 January 2025 | 13 replies
Normal mortgage rates are in the high 6's now, for a personal residence, and higher for an investment property.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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11 January 2025 | 15 replies
Try interviewing at least three managers.1.