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23 May 2024 | 2 replies
-What is the price range for property managers and general contactors?
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23 May 2024 | 8 replies
There are pros and cons to each asset class and which one fits with your time and energy in the management.
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22 May 2024 | 74 replies
Some great advice here to do your own underwriting and focus on the experience of management.
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22 May 2024 | 1 reply
@Ivar KullaFirst, you must decide whether any of the partners/investors will be passive.
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20 May 2024 | 3 replies
I have a 60 unit storage facility with a U-haul dealer located in Edgefield, SC and I’m considering to get a management company to replace the ESS system i have.
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21 May 2024 | 12 replies
I checked the lease created through Zillow that does not show up any option for reletting but what I am aware (done it few times when one of my other property was managed by a property manager) is tenant could pay reletting fees (typically one month rental) that allows property to be re-listed.
21 May 2024 | 10 replies
Perhaps hire a property manager to handle the phone calls and factor in the (depreciable) window, kitchen, HVAC costs?
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23 May 2024 | 2 replies
This is because the transfer to the LLC is considered a change in ownership, which prompts a reassessment based on the fair market value at the time of the transfer.Admittedly, property tax implications are not my area of expertise, so I strongly recommend consulting with a local real estate attorney or tax advisor for precise guidance tailored to your situation.Additionally, if you need property management services for multifamily properties in Miami, Curbelo Capital Management specializes in this area and would be happy to assist you.Best regards,Diego Curbelo
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23 May 2024 | 7 replies
Are you planning to actively manage the properties yourself?
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23 May 2024 | 3 replies
Not good.Having said that, we at times will install a property management company into a client's world so they can defer into an IRA or 401k by creating the necessary earned income.