I understand they could possibly say "no," but nothing ventured, nothing gained. 

This also has the added benefit of placing the liability on the PM LLC which doesnt have assets so there is nothing to collect if you were to lose a case. 

Hello All,I'll be visiting Austin from August 2, 2018 - August 5, 2018.I'm sort of new to rentals and I was looking on gaining some insight for single-family to multifamily housing in/near or around Downtown Austin.Anyone in town and would like to talk investments/partnering, over some drinks?

The key to gaining their attention is to spend some time learning and come prepared with well-thought out questions.Specialization is critical in commercial real estate.

Looking to hear options from the BP crowd to see if I can look at things a different way.existing property: est sale price 155-175k. about 87k pre-tax profit after closing. at 15% cap gain tax= 13k in taxes and another 6.5k in MD state witholding tax from the sale for a total 19.5k in taxes due.

One problem with  deploying that money elsewhere is its been a rough go trying ( been looking for awhile..around ATL mainly ) to find deals that actually number out like they would compared to gaining that 1100 per month. 

Sell the property, get your full VA benefit back, and go buy a quadplex with your VA loan. :)

It’s also in a city I know very little about (Norfolk, VA) here are the numbers- I welcome your thoughts/ insights:$259k - sales Price (4- unit building fully occupied)$1460- total mortgage payment (after 25%) down $305- Property Management Feee (10%)$105- trash (total water is $315 p/m but seller bills water to tenants and has it written in the lease)$60 - lawn careTotal rents are $3050Owner says monthly expenses are low.The best case scenario is net income of $737 assuming $400 extra monthly expenses (for worse case scenario unexpected expenses which always come up) and assuming all the tenants pay their rent.Positives- - Seems to be a good cash flow if expenses are kept low and everybody pays- 4-plex is located in an 85% residential area- building is ok condition (built in late 70’s) except roof is 18 yrs old- all tenants are gainfully employedConcerns- while the neighborhood visually looked fine, according to crimemapping.com its a moderately high crime area.

The benefit is that the terms of the deals can change.

You may benefit by attending the local Tidewater Real Estate Investors Group meetings and networking to partner with an agent who will work with you when you need information.