The houses would have been held in each LLC for asset protection, and the rents paid to and all correspondence done to PARENT LLC for ease of administration and bookkeeping.No Longer.

It also is a pain for move ins and move outs as the old tenant still needs to be tracked and the new tenant needs to take their unit number.I use Sage for the accounting, RediDraft for document creation, and a customized version of SugarCRM to manage the properties, tenants, leases, maintenance... in other words, everything from an operational perspective.As far as cost, I paid to have Sugar setup and customized and other than the monthly hosting costs I just use the guy who set it up on a time and materials basis for any heavy administration.

In addition to what Clint mentioned above, which are good points that I would agree with, there could be some administrative fee the PM is charging for lease renewal.

I am a new investor working full-time and really want to work part-time for a local real-estate investor doing administrative work for their business.

I'm currently working on my bachelors degree in Business Administration.

Seems like an administrative nightmare at best.

I graduated Baruch College in 1988 with a Bachelor of Business Administration.

If you want to move something into and out of the box, you go to the bank (your trust administrator) and they let you do it!

If, like in CA, title to real estate transfers immediately upon death of the owner subject to administration of the estate, then I wouldn't think that there's any time which a creditor could intercept and interfere.And then there's the issue as to the ability of a judgment creditor taking an aggressive position and attempting to penetrate the trust corpus.

I was told (by a Fair Housing Administration speaker) the landlord has to accept the animal unless it caused an unreasonable burden for the landlord to accept it.