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15 February 2025 | 2 replies
Your SEC attorney can help you with the details.Typically you would have one LLC that owns the properties and another LLC that acts as manager.
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19 February 2025 | 14 replies
A great realtor can place a tenant for you and show you how to self management.
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21 February 2025 | 250 replies
THAN institute the new GOOD management, and process going forward.
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22 February 2025 | 4 replies
Also would greatly appreciate recommendations for agents, lenders, and property managers in the OKC area as well.
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10 February 2025 | 1 reply
I got great value from a $200 course on how to use Quickbooks for managing SF rentals.
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10 February 2025 | 4 replies
➡️Manage existing portfolios.
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19 January 2025 | 1 reply
However, I am unsure on how to go about finding the proper handyman/maintenance guy/management team to help run any out-of-state investments I make.
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14 January 2025 | 3 replies
Try interviewing at least three managers.1.
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21 February 2025 | 10 replies
Highly recommend self-managing so you can take advantage of a cost segregation and the short term rental loop hole!
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18 February 2025 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.