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27 March 2024 | 11 replies
I am currently focused on tax strategies for our LLC (partnership with spouse).Can we sign a lease agreement with our LLC to provide/pay rent for use of our personal home/property, to include a portion of utilities, HOA, and insurance?
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29 March 2024 | 31 replies
Yes, managing myself implementing the same self managing system which is in place for the other properties I already have to manage.
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30 March 2024 | 11 replies
I sell STRs on the Emerald and Forgotten Coasts of Florida, and my company teaches investors how to self-manage their STRs and keep that 20%+ property management fee in their OWN pocket.
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30 March 2024 | 9 replies
What else would you include in a letter to new tenants?
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30 March 2024 | 10 replies
I would further explain that if more disturbances happen that further corrective actions will need to be taken up to and including eviction.
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30 March 2024 | 25 replies
i'd never tell anyone to buy a property that they're negative $350 a month on unless they had a long term plan for it that included making money somehow
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29 March 2024 | 3 replies
Any feedback would be great:Purchase Price: $219,000, 90 days on the marketSurface area: 1900 sq ft1 unit renovated in the past year which includes new flooring: $800, other 2 units: $690 eachEach unit pays water/sewage, $50 internet feeCondition: roof is ~15 years old, will need replacedI was provided with an expense report for the 3rd quarter of 2023.
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30 March 2024 | 3 replies
Balancing these responsibilities with the demands of this project, including finding suitable contractors, organizing communications, and ensuring timely responses, has proven to be quite demanding.In light of these circumstances, I am seeking insights on potential additions to my real estate team that could streamline this process and enhance its efficiency.
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30 March 2024 | 27 replies
From that point, some sort of banking engine would need to be involved that was sophisticated enough to handle and understand trivial to highly complicated financial transactions.In any case, it would be fascinating to a small niche of people (myself included) so not too likely to become a commercial success.
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28 March 2024 | 5 replies
I self managed under that same LLC.