When owning property with an unrelated partner, you can choose from several structures: Tenancy in Common (TIC) allows unequal ownership shares and independent transfers, while Joint Tenancy with Right of Survivorship (JTWROS) ensures the surviving owner inherits the property.

Property owners are now prohibited from discriminating against potential tenants based on their use of rental assistance, such as Section 8 vouchers and security deposit assistance.The previous higher VPS levels were part of a strategy to ensure HACLA could fully utilize its voucher allocations from HUD.

We focus on strategic acquisitions, underwriting, and asset management, ensuring strong returns for our investors.Beyond real estate, I have a background in business development and love helping others navigate investments, partnerships, and scaling their businesses.

Quote from @Scott Mac: Quote from @Dan Gandee: Excellent comment - So that is the responsibility of the GC we put on the project and it's in his contract with me (or my clients) that he will ensure that all accounting and lean releases are completed.

Additionally, I'd ensure the exterior of the property is always clean and orderly to reduce your chances of having issues with the neighbors.

While Stessa is great for cash flow tracking and NOI insights, it lacks the structured accounting needed for tax reporting, loan applications, and long-term financial accuracy.If you're scaling and have multiple properties and business entities, double-entry accounting ensures every transaction has an offset, reducing errors and making tax prep smoother.

Since you're not performing the work, ensure the contractor has adequate coverage.

Finally, check crime rates, school quality, and vacancy trends to ensure the neighborhood supports long-term appreciation and stable tenants.Good luck!

Long story short, I had my first closing where I would transfer funds from their business checking account to my attorney's escrow account, so I called AmEx the night before to ensure everything was ready to go, which they assured me it was.

We will ensure there is proper fall in the new line.