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18 January 2025 | 15 replies
You can hire a few different virtual assistants on a website such as Upwork.com, train them on how to skip trace, and stick with the one that is the best.
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14 January 2025 | 9 replies
Having reasonable expectations, hiring a local professional (Realtor or PM), doing your research, and doing everything right (i.e. pro photos, professional design, good renovation, proper amenities and location, etc) are the keys to success in 2025.
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26 January 2025 | 14 replies
Hire an attorney to handle this, or it'll cost more and take longer than necessary.
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9 January 2025 | 1 reply
I haven’t done my first deal yet, but through hiring a local contractor to build my personal residence I had this idea that I don’t hear people talking about.
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14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
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16 January 2025 | 23 replies
See if you can negotiate some selling or moving expenses with the company hiring you.
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7 January 2025 | 0 replies
Would like to hire more daily workers to decrease time.
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12 January 2025 | 2 replies
.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.
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22 January 2025 | 20 replies
Make sure to do your due diligence when selecting a property management company to hire.
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30 January 2025 | 62 replies
Then a hiring increase for local regulation officials or private sector to assess housing quality & approve it.