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23 May 2024 | 6 replies
My structure is very much like you describe: a management LLC that operates the two LLCs, one is a FL LLC for the properties in Florida and the other a TX Series LLC that owns houses in Texas.
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23 May 2024 | 1 reply
I also wanted to start learning about the deal-making and property management processes.
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23 May 2024 | 5 replies
Would love to connect with investors, lenders, agents, and property managers from the Faribanks/North Pole areas if you're here!
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23 May 2024 | 2 replies
-What is the price range for property managers and general contactors?
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23 May 2024 | 8 replies
There are pros and cons to each asset class and which one fits with your time and energy in the management.
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21 May 2024 | 4 replies
Our family has used Rent Manager for PM for 20+ years.
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24 May 2024 | 42 replies
And the property managed by a "preferred property manager" instead of buying a turnkey property through a trusted provider and keeping everything under the same roof.Would love thoughts from fellow turnkey providers, lenders and investors.Is the trend going in the DIY direction nowadays more than prior years?
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23 May 2024 | 7 replies
Are you planning to actively manage the properties yourself?
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23 May 2024 | 2 replies
This is because the transfer to the LLC is considered a change in ownership, which prompts a reassessment based on the fair market value at the time of the transfer.Admittedly, property tax implications are not my area of expertise, so I strongly recommend consulting with a local real estate attorney or tax advisor for precise guidance tailored to your situation.Additionally, if you need property management services for multifamily properties in Miami, Curbelo Capital Management specializes in this area and would be happy to assist you.Best regards,Diego Curbelo
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23 May 2024 | 3 replies
Not good.Having said that, we at times will install a property management company into a client's world so they can defer into an IRA or 401k by creating the necessary earned income.