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4 February 2025 | 24 replies
I'm thinking I could have someone manage the build as my eyes and ears when I'm working.
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20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.
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19 January 2025 | 13 replies
@Patrick Drury what did you think of Propertyware and Rent Manager?
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31 January 2025 | 29 replies
I've managed a number of successful rehabs and put a lot of sweat into them as well.
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25 January 2025 | 14 replies
The rental yield is pretty low compared to its value, and selling now while it’s in great condition could help you avoid the stress of managing it or dealing with wear and tear.
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23 January 2025 | 8 replies
Quote from @Dustin Hagemeier: As someone in property management, I’m pleased to share that we’ve had significant success with the Section 8 program. [...]
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29 January 2025 | 2 replies
It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.
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31 January 2025 | 7 replies
It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.
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31 January 2025 | 7 replies
Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.