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4 October 2021 | 0 replies
Challenges?
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4 October 2021 | 1 reply
I was wondering who might be brave enough to share any unexpected pitfalls/struggles that they encountered by being their own property manager of a multi unit apartment.As I began thinking about managing a multi-unit (especially one such as a 10-30 unit dwelling), I tried to think outside the box about possible unforeseen challenges outside of the typical calls "my sink doesn't work" or "my toilet doesn't flush".
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23 February 2022 | 29 replies
We faced a lot of challenges that made it way over budget and take longer than expected.
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6 October 2021 | 4 replies
Also, finding good deals in a timely fashion is a challenge these days.I would think the operating agreement of the LLC would make it difficult for the GP to effect a 1031 exchange unless he effectively bought out the LPs, removing them from the entity.
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5 October 2021 | 1 reply
Although this is common in the DC area (where I own one rental) it is not as common in NOLA and it has created a few challenges.