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20 January 2025 | 31 replies
Your LLC needs more than 4 pages operating agreement.They are recommended by many but not with me.
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22 January 2025 | 7 replies
@Luke Spencer I am not on the management side but I can tell you it took 2+ years to fill 300 units at one of our facilities and the other just hit 300 units in 12/13 months so it really depends on the demographics, and local housing market trend, the more people moving in and out the higher the demand for storage.I think if you're looking at a saturated market then the upfront cash to turn the warehouse into self storage is not a good idea but then again, maybe those operators are on back roads ( low visibility ) and don't push google ads well.
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19 January 2025 | 51 replies
As a smaller, self-managed landlord I think solutions that offer that kind of scheduling/logistics framework are solving for one of the most long-standing self-managed challenges we've had for years: how to scale and systematize operations when you're are landlord or PM out there hustling for your next deal.
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20 January 2025 | 4 replies
They aren't the actual bank so need to upcharge these fees and hoping in volume they can make enough to continue operating.
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19 January 2025 | 5 replies
Helped my clients partner up and close on the property, then signed a net lease with a SL operator.
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6 February 2025 | 18 replies
In my experience many unlicensed wholesalers operate in a grey area and often cross over into what is obviously brokering real estate without a license.
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24 January 2025 | 5 replies
While I have managers handling the daily operations, I still oversee everything remotely.
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10 January 2025 | 12 replies
One workaround could be keeping a separate spreadsheet to track your adjusted tax basis accurately and only using Stessa for operational insights.You could also reach out to a cpa and see if they have a specific recommendation for software to use.
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4 February 2025 | 17 replies
Maybe it's conjecture on my part, but I think a good agent (good being the operative word) would have encouraged you to start by offering lower and saved you more than 2.5%.
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22 January 2025 | 11 replies
We operate in the DFW, San Antonio, and Houston markets, helping investors grow their portfolios with turnkey LTR properties.