.💼 Efficient Operations: Multifamily investing demands effective operations management.

Similar to if you hired a company to replace a roof-you don't have a copy of the bill for all of the shingles and nails, but you have a copy of their bill that has those effectively built in.

These firms are recognized for their cost-effectiveness and dependability.

If you put that plan into effect will the cash flow off set your Indy properties monthly loss until rates drop a bit or you're able to raise rents?

A history of past sales can indicate their effectiveness in the field.

At this point it seems like you should have simply terminated effective Jun or July 1 and started counting the days to when this was no longer a problem you had to deal with.

If the rents end up being taxable in the organization, they'll actually be subject to maximum income tax rates very quickly - much faster than if you just did this personally.There are groups now starting with "socially responsible" investing - effectively a standard partnership/syndicate that is "investing for good" - that would likely be a better structure to avoid 501(c)(3) headaches in a for profit venture.  

My insurance agent often does an adequate job.That sentance alone tells me I should shop around agents/providers, but what is the easiest/most effective way to do that?

@Gillian Thackray It's actually quite surprising the PM you use is not effective or perhaps not motivated to perform the leasing duties effectively but appear to be fairly competent with the day to day management services.

Some investors have reached out to me asking about STOA and possibly getting together to file a class action lawsuit against them.If you have been effected by STOA's recent changes, and are stuck with contracts that they backed out on, please contact me.