Inevitably, discussions of LLCs (and the constellation of issues related to them) reinforce the need to work with professionals: attorneys and CPAs especially.I also hungrily read the deal analyses because I'm here to learn from the BP sages how to go about building my portfolio when the time comes.The deal analyses don't include a line item for Professional Services.

When I put out the sign for the realty company that I sell through, I produce the usual "pretty sheets" for each house, stored in one of the little plastic boxes attached to the sign for people to take one.

I feel 1 month security $ 3200 would cover it as they are the perfect tenants to date.2) some sort of 1 time gift card/wine basket/local store gift3) Offer no rent increase if they lock in and renew for 2 yearsAlways thinking of a Win-Win situation so leaning towards Option #1 as this costs me no money but gives them up to $ 800 that they didn't have.What do you all use as an incentive to keep good tenants ?

You have twice the number of big ticket items; roofs, furnaces, etc)InsuranceMgmt Fee - as a %Vacancy- as a %. 8% represents 1 vacant month/unit/year

I ended up having a couple self imposed delays on things like materials, colors, finish items that could have been avoided by better up-front planning.

They would have been an expense-able item for his taxes - so you can see also them if you ask him to verify employment history and income requirements with tax returns.I wouldn't want to take all the money upfront as doing so may well serve to create a de-facto agreement to let him stay no matter what.

With most investment opportunities, there is an Administration Fee, which is to cover costs of filing and listing a deal, handling financial commitments and performing tax and other reporting.The Administration Fee is a line item in the pro forma.

Put something up at the entrance that discourages vehicle use but can be opened for use by emergency vehicles and for the occasional moving in/out of big items such as furniture.Tell the tenants this change is a result of their not being able to work out a more viable solution between themselves.

I visit that area a few times a year and the property was vacant and all the items that were to be completed were not.

Comparing cost for an IRA vs 401k, at least one real estate SDIRA pays 2% on holdings; however they charge fees for every little item, and their lack of email security is quite extravagant.