I've seen regional homebuilders knock assignment fees down from $100k+ to less than $20k under threat of litigation and/or reporting unlicensed brokerage activities.

Due to Coachella, I am guessing there is active tourism.

Of course, if the snow is not getting shoveled, that’s not good and needs compliance correction activities by the PM.

Now many will try and BRRR or rehab properties which you can force appreciation, again not another bad strategy and can lead to better returns but its more active and takes more $ to do.

That’s something I’m actively exploring—whether it’s through direct-to-seller marketing, networking with local wholesalers, or even tapping into connections through my brother-in-law, who works with builders and contractors in the area.I’m not expecting slam-dunk deals or easy wins, but the numbers on a few potential projects I’ve run so far seem to work under the assumption that I’ll leave some cash in the deals.

Now, if you've already set up LLCs per property, then yes, have at least 1 checking account per LLC.For people who own their properties personally, keep personal accounts that are exclusive to RE activities so all of that activity stays separate from other personal transactions.

Update: I received an e-mail today from Delta updating me on the status - the Lot has been scrapped and several other activities have been completed, so it looks like the project is continuing.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Say's it whatever active REI model.