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21 February 2025 | 10 replies
It's a free country, you can run your business how you see fit:)That doesn't really work for self-managing property owners or what investors want from the PMCs they hire.So, yes we find solid contractors at Home Depots on Saturday mornings.When's the last time you've been at a Home Depot during that time period?
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17 February 2025 | 4 replies
Is your concern reliability or effectiveness?
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21 February 2025 | 5 replies
I have several multi families on the west coast ( one that I actually manage my self in California) and it’s just one maintenance reserve fee for all doors , and a % of the total rent usually ( 8%-10%).
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19 February 2025 | 1 reply
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18 February 2025 | 11 replies
Read this: https://www.irs.gov/businesses/small-businesses-self-employe...Second, compensation is always issued to the person working.
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20 February 2025 | 1 reply
Effectively no, otherwise everyone would do it and there would be no rent controlled buildings.If the property becomes vacant there are scenarios you can remove it from rent control.
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11 February 2025 | 2 replies
You need sufficient NET (after all expenses) self-employment income from something like contract (1099) work, being a Realtor, wholesaling and so on.
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16 February 2025 | 4 replies
As far as the monopoly, why don’t you just self manage?
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17 February 2025 | 8 replies
Can you count that $4,600 as “rental income” or does it have to go under some kind of self employment?
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17 February 2025 | 1 reply
Quote from @Nick Am: Hi All, I have 2 multifamily rental units that I entirely self-manage.