I recently had a landlord at a workshop who owned and managed a portfolio of low end properties for over 30 years, he is basically broke and can't retire.

Baby girl arriving April 2025!

I was broke and bought my first two rentals from a HELOC.

Been thru many scary issues as a young girl.

It has taught my girls a lot about investing.

You'll NEVER go broke taking a profit."

Hi everyone I am looking to network, help in any way, and grow my portfolio. Ready and motivated to get on it and grow now all over the USA and internationally if possible and convenient. Any help or advise is greatly...

I feel like hiring the PM has broke us.

Would it be the same answer if your partner felt the AC broke because you did not change the filter?

Let's say someone was bungee jumping off a balcony railing and the railing broke and they fell, injuring themselves.They could sue the property (ownership LLC) because the railing was "not secure".They could sue the manager (management LLC) for not ensuring the railing was secure.They probably will sue both and let the court sort it out.I don't see how 1% ownership of one LLC to another prevents any of the above from happening.