Look at all of the costs and then all of the revenue and make a decision based on that. 

Great community to bounce ideas off of as I build my knowledge base.  

My favorite calls are from prospective clients who have been with another company - they know what matters to them and I know a lot about how the relationship will go, based on what they've experienced with another PMC. 

Private Money Lenders (PML): More flexible, relationship-based funding with lower fees.

And will you have ongoing maintenance issues beyond your CapEx based on the building's age.I personally would be suspect of this deal.

I’m Dylan Fraembs, and I’m based in Long Island, New York.

Based on the info in your post, my recommendation would be to turn these assets into well oiled machines and max out their NOI.

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.

The company is based out of Sicklerville, NJ but also works in Philadelphia, where he was born and raised.