Joseph Leibovitch
Cash out refinance - been holding for 2 years
29 January 2025 | 7 replies
Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's. Now
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
If you feel like you’re managing your property manager, it’s a strong sign that the manager may not be the right fit.
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
Try interviewing at least three managers.1.
Bethany Merlucci
Help this newbie investor to decide if this is a good first property
10 January 2025 | 4 replies
And who is taking care of the landscaping/snow removal?
Ashly Frasso
Rent By The Room Property Manager
15 January 2025 | 4 replies
Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.
Scott Weston
Highlands Cashiers Market
23 January 2025 | 11 replies
I am also involved in management at one of the largest STR property management firms in Cashiers.
Josh Otero
What’s the hardest part of being a property owner?
18 January 2025 | 18 replies
My tough today is different than my tough next week.Many new(er) investors struggle to manage their rentals well.
Jared Fisher
Cleveland Property Manager Recommendations
11 January 2025 | 9 replies
Try interviewing at least three managers.1.
Brice Alef-Torrisi
Managing finances between multiple properties
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.