Seo Hui Han
Property Management in Large Multifamily (40-100 units)
25 June 2024 | 7 replies
Typically the PMC handles the payroll, taxes, etc… for the employee and property on behalf of the owner.
Chad Shultz
Small Town Motel turned into Big Returns
24 June 2024 | 1 reply
Property has no "on-site" employees with exception of cleaning staff.
Neil Narayan
Austin’s Evolution into Tech Hub and its Effect on the Office Commercial Real Estate
23 June 2024 | 0 replies
.- Tech companies are increasingly starting to call employees back to the office in a hybrid capacity.- Home to over 3,000 tech companies and a host of accelerators and incubators, Austin is quickly developing a reputation as a key player in the US AI startup scene.- According to Built in Austin, defense technology appears to be the leading area of interest for venture capital investors on the Austin tech scene.
Scott Everhart
Potential Tenant Can Only Pay Rent With Alimony. What Do I Do?
25 June 2024 | 35 replies
This country was built with self employeed people.
Chris L.
How can I learn Yardi?
24 June 2024 | 26 replies
We actually switched from Yardi to Appfolio due to price and overall a much easier system that all our employees can use (again, no expensive per user charges).
Matthew Spiers
Contractor Completely Overcharged Me - No Way to Pay
25 June 2024 | 16 replies
So, each employee gets $53 an hour in wages/benefits.
Chad Shultz
Small Town Motel turned into Big Returns
23 June 2024 | 2 replies
Property has no "on-site" employees with exception of cleaning staff.
Jerry Callow
Is there profit in being a GC and building?
22 June 2024 | 5 replies
From CSLB:This section defines what an owner-builder is and the laws surrounding the practice.An owner-builder is what the term indicates: a person owns the property and acts as their own general contractor on the job, and either does the work themselves or has employees (or subcontractors) working on the project.The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.The homeowner cannot construct and then sell more than two structures during any three-year period.Getting a GC license and going Legit is pretty difficult.
Gwyeth Smith
Classifying Spouse as Real Estate Professional
22 June 2024 | 20 replies
In addition, services performed as an employee do not count unless the employee is at least a 5 percent owner.
Luis Guerra
The 25% property management fee was killing my STR profits
23 June 2024 | 29 replies
And yet…this crazy business has brought our family closer, we have a trusted group of employees who are proud to work for us (and we pay them benefits) and we keep on reminding ourselves that our guests are making lifelong memories when they stay in our homes.