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21 February 2025 | 7 replies
.- Many of them have no clue of the actual condition of their properties and a decent percentage want to then sell.2) We have owners we terminate, that don't want to spend a penny maintaining their properties.
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6 February 2025 | 1 reply
.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.
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22 February 2025 | 11 replies
I tried to research the best and most user-friendly PM site that did not charge a fee to maintain a property, being that it was my first one and I was self-managing and not using a PM.
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31 January 2025 | 9 replies
I see more sites going to just their regular website, optimized for the phone, than dedicated apps.
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12 February 2025 | 6 replies
To maintain our standards, we have a process for working with interested investors like yourself.
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26 February 2025 | 8 replies
Also, if the role is purely commission-based, would I need to maintain a parallel career to make ends meet?
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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7 February 2025 | 14 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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19 February 2025 | 23 replies
It probably is still worth it if you can raise rents, reposition the property, improve the efficiencies of the property and optimize debt when the time is right.
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3 February 2025 | 5 replies
But we don’t maintain the tree.