Jay Cai
Purchase rental property by Personal VS LLC
I am thinking to purchase my rental property in LLC. So far, I was told the mortgage rate and insurance for LLC will be higher than personal. Are there any additional fees if purchasing the rental fees by LLC? If so, ...
Ken D.
Financial Penalties for Lease Violations
I'm in Minnesota.
I'm in the process of beefing up my existing lease with additional expectations of tenant behavior (such as not having other adults not on the lease living at the property). My understanding is that...
Account Closed
PM in florida/ NC
Hey I am currently looking at properties in south flordia naples, fort myers, and the charlotte north carolina areas. I would love to buy and rent out but since I am from CT i would need a property manager. I have the...
Paweł Terlecki
Who pays transaction broker's fees?
Hi, I am sending an offer for a condo in Florida. I am not using a buyer's agent due to pretty bad experiences so far. The listing agent asked me to sign a transaction broker agreement with his firm that includes a co...
Tom Tao
Onsite manager - Employee of Property Management Company or Owner's LLC?
I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me...
Chris Mullinax
Property Management Qualities
As an investor, what qualities do you look for in a property management company?
David H.
Do you include kayaks, paddle boards, motorboats, bikes, in your waterfront STR?
Hi. I'm opening up a new STR on a speedboat-friendly lake in Indiana, and I'm thinking about including kayaks, paddle boards, and bikes (there's a great 20 mile paved biking path next to our property). These items w...
Steve Chan
Georgia Multi-Family Transaction Fees for Out-of-State LLCs
Does anyone know if Georgia charges an additional transaction fee for the purchase or sale of a multi-family asset that is owned by an out of state LLC? We would like to register in Texas, which is where our attorney'...
Timothy C.
Am I able to charge market rents on a RSO duplex in LA delivered vacant upon closing?
Hello everyone! I am working on getting a duplex deal finalized in LA that is zoned with RSO. The bad news...well RSO in Los Angeles is just a nuisance. The good news...both units will be delivered vacant at closing.
...
Jacob Compton
New Property Manager Advice
Hello All!
I just purchased a duplex. This is my first investment property. I don't want to pay for a property management company to manage my property, if I can help it. Below are some of the questions I am currentl...