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20 February 2025 | 21 replies
As a property manager, based on my conversations with our clients, below is a condensed version of what we hear most (in relation to PM in Chicago): "- Passing on the load so that you can be more present and attentive to your family (edit: and other responsibilities) and not be essentially working 24/7, on-call for the needs of tenants and property emergencies... can be worth the management fees.
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12 February 2025 | 4 replies
I am wanting a LLC for protection as well creating it separate from myself I would like to be able to build business credit and not have any based on my personal credit and I understand there is some tax savings using an LLC
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5 February 2025 | 6 replies
Willing to go the extra mile here based on the numbers.Thanks!!
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7 February 2025 | 1 reply
But this is definitely a CPA question because the IRS rules are based on your AGI and phase out if your AGI is over $100k.
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28 January 2025 | 9 replies
Another variable in the amount of rent that a Section 8 tenant can pay is HUD limits their rent payment based on the amount of their income.
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29 January 2025 | 12 replies
In the end, buyers would overpay for the actual property based on earnings.
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31 January 2025 | 2 replies
Based on my calculations, even with a low down payment, I can achieve positive cash flow (with aggressive enough house hacking).
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27 January 2025 | 2 replies
I think it is fair to say that there is somewhat of a tradeoff between markets that provide positive cash flow on day one and relatively high appreciation-based markets.
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19 February 2025 | 6 replies
I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.
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28 January 2025 | 20 replies
It's a GA LLC, but we're based out of CA.