@Alexander Merritt 1 - Offer is made in name of LLC2 - Accepted offer is closed in the name of the LLC3 - Financing is acquired (if not a cash deal) by managing member of LLC4 - My banks don't care if title is in LLC so long as the LLC grants permission to be used as collateral for loan, and the manging member of the LLC is the one who is on theloan.  

As first time investors I am wondering if any experience investor would recommend us to mange the property ourselves or hire a property management company?

I am the owner of a fairly new property management company and we have the opportunity to mange a 40 unit condo association.

The value add for these programs is that they are ideal for the passive investor who doesn’t want to mange property anymore.

hi every one my name is samira  I am new to this great website i ben just reading because i find it hard to write prefect  (English is my second language) so my typing may be not that good , I have one rental property...

Taxes: $3000Insurance: $1500Maint: $3636 (assuming 10% gross rents)Prop Mang: $3636 (again assuming 10% gross rents)Lawn & snow: $1200 (assuming $100 per month) we are in a cold weather climate with lots of snowSOOOO....My numbers:225,000 purchase price with 25% down (4.5% interest rate 30 yr) and $2000 closing costsGOI: $34,178Expenses including utilities and prop mang: $21,972NOI: $12,206Cash flow after mortage: $1946Cap rate: 5.43%Cash on cash: 3.34%To me these are lousy numbers and I would never buy the place but it sold in one day!

yea, I can mange and save.

You would create a employee folder with a I9 application where you would mange the employee discipline, and appraisals.

I hope you have clear, divided roles and responsibilities for each person along with a governance process to mange disagreements.

I have allocated 0% for management fee for now (I’ll mange myself on the first one) and 8% maint and 0% for CapEx as I was planing to get home owners insurance.