If its feasible for you to keep the property mgmt company on the books until the end of the year, that could definitely be beneficial to you especially if this is your first STR.

Some of the other people I would want on my team are contractors, insurance advisors, bankers, loan officers, asset protection attorney, business structure attorney, home inspectors, a closing attorney, and title company.

We are landlords and hired a management company.

People who are buying under non-profit has advantage during sheriff's sale as they have opportunity to buy at much cheaper price. How do People make money with it? Can I sell the property to someone else? Rent it out ...

Once those guys are in place and you have a go-to title company that your realtor recommends and a lawyer.

Hello,I was approached by a temporary housing company.

Hello all, I‘ve been a host for a few years now and recently  started my own STR management company. had a few questions for you other hosts:1.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Hi Felipe,Title & Escrow typically ranges from 0.75%-1.5% of the price, but I'd recommend getting an estimate from your preferred tile & escrow company.

Based on what I’m reading (2% rule, 50% rule), and the cost of property management companies; it seems better to just sell it for its current value of $550k and invest the equity.