7 March 2019 | 7 replies
It may help now or in the future if it said animals if they “forgot” to indicate the ESA would be living there?
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7 March 2019 | 0 replies
At the end of the day I realize I should go to an attorney for advice and help setting this up, but was hoping to get some initial feedback to have an educated conversation.My initial thought was to create an LLC for each individual property, and then one for each of of the siblings.
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28 June 2019 | 5 replies
I gave them the contact information that I had already given them before and they indicated that it was different than the information they received from the old property manager.
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11 September 2020 | 41 replies
Our biggest problem with an individual PM was when the PM had personal issues -- family problems, illness, to a lesser extent, vacations -- while I know it is insensitive to say so, our properties were quickly bottom of priority list (likely rightly so when someone is dealing with a severe family illness), but their assistants could not send payment, only the licensed PM can handle funds, so I did not get payment for quite a while even though the tenants were paying rents on time.
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16 June 2022 | 17 replies
I don't know how to respond to each individually so, Roman M.
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16 January 2016 | 3 replies
I have done property management for two individuals and when the last one sells I will be done.
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7 March 2017 | 8 replies
The cash-flow is still there, it depends on the individual deal and property.
29 January 2016 | 10 replies
The blanket mortgages are typically taken out to cover the costs of purchasing and developing land that developers plan to subdivide into individual lots.
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21 January 2016 | 11 replies
An example of hard money is typically an individual who you do not know, who has money to lend but who is not a bank.
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25 July 2016 | 6 replies
If all of the individual LLC's that own the property are owned by the one holding LLC, once enough money if distributed to the Parent LLC, the Parent can then issue lines of credits to the operating LLC's which it will secure with a lien.