Hello fellow landlords,Looking for your guidance about how to facilitate and minimize any impact during a property management transition. - what documents should i ask from the current property manager (beyond: lease...
Hey folks,I have an issue that I'm trying to solve and I'm hoping someone can give me some advice. I work for a property management company and we currently use the older version of Yardi (Enterprise) as our managemen...
There is a pretty nasty area that is a few blocks over from a condo complex I just bought a condo in. The condo complex and no vacancies, is kept up decent and does not seem to have many problems.
What worrie...
I own one duplex held in my name and will be buying more soon. How do you set up your business? LLC for each property? One for all properties? None at all, just a good umbrella insurance policy?
How about banking? ...
Going to try to keep this as brief as possible- I located a great deal: 25 units, NOI is 165K, contract price is $1,250,000. Property is in a B-, C neighborhood and is well maintained and managed with 100% occupancy. ...
Hello,We are getting close to finalizing a loan(s) for a set of 3 duplexes we are buying within our LLC. The properties are all similar in value and have a total value of about 500K. We are able to get terms of 20% do...
Any one can explain what's this tax changes that they are talking about in news, The property-tax deduction ?? and corporate tax ??? thank you
This might be a stupid question, and its definitely more theoretical, but I am curious about it.Does the value of a 5+ unit property technically change every time rents change?Let's say I buy a 6 unit apartment buildi...
I just reviewed my PM sheets for the year in my HOUSTON properties. 1st half of the year I had PM who charged 10% PM fees and had BUTT load of maintenance costs. I moved PM to a NEW property manager who charges a f...
I'm looking for experience shares for anyone who has quit claim deeded a property to an LLC after a conventional mortgage has closed. How soon after the mortgage closed? Did you transfer ownership to the LLC? Did you...