September is about the end of the core season, moving into the shoulder / off season.

I think one of them would be a Subject To agreement from your brother to an LLC/partnership that you and your brother create that would allow the loan to stay in his name but the LLC would operate the property and earn the cash flow. 

🤷‍♂️And although I didn’t realize it at the time I was learning how to operate a business!

Plenty of bad deals and bad operators I see pitch deals every day.   

Hi all,When operating say a ~50 unit multifamily with single water meter, what are some strategies that can be used to offset water bill onto tenants?

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME a PMC manages ALL property Classes the same and simpler is better when it comes to management contracts.

Hi,I am looking for a real estate lawyer either in NYC or Jersey City to draft up an operating agreement for a multi-member LLC but having a hard time coming across one.If we can use the same lawyer for closing on a property - that would be preferred. 

Monthly 1 year rental history is $4,200 per month with leases in place at this same rate carrying through next May.Looking to completer the BRRRR and do a cashout refi and the bank who I have the $271k loan with said they could not do a cash out refi2 j as I don't have a traditional W2 job currently and my 2020 taxes show my investment properties as operating as losses (I have 4).  

Hi Brandon,I don't operate in NW Wisconsin but if you are open to other markets I work in SC and SE WI. 

It seems most of the IRA custodians that support the SDIRA/LLC arrangement don't actually handle setting up the LLC or help with the mechanics of operating it.We've found a couple that do, IRA Financial Trust Company and Midland Trust.