Partner Driven added value to the Wildwood Drive deal through strategic marketing and quick transaction management.

Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance. 

I've been going through "The Multifamily Millionaire:  Volume 2" and in Chapter 13, they talk about property management ranging from 4-6%, on top of on site management that is on the owner's payroll, separate from property management, and that you should budget about 1 staff member for every 40 units.If you (the owner) are already paying a property management firm, why do you have to have on-site management separate from the PM? 

With this strategy, you initiate contact with the homeowner, go under contract, and you can either close with them and buy the house yourself, or you take on the role of a wholesaler and assign the contract to another investor. 

In addition to the workmanship, you want to work with someone who is good at managing time, people and his relationship with you, his client :-)    We are actually building out a network of approved contractors because one of the biggest pain points investors and landlords face in Philly is finding reliable solutions. 

Can you manage the property or find a buyer?

Returns in Big Bear never made sense going with traditional management companies. 

I am looking for peace and tranquility in terms of property management.

We have a few properties outside the state but we live here and for various reasons, want one nearby that we can manage and run ourselves.

Partner Driven added value to the Safford St deal through strategic marketing and quick transaction management.