The question is in regards to balancing property management costs. I've noted, that generally apartment complexes require a property management company that takes between 5-8% of gross rents, and also hires payroll s...
Hello all,I have a question, How should a person protect their retirement accounts and assets if a spouse would end up in a situation where they need to be in assisted living?Here is my thought and correct me if I am ...
Hello BP friends,I'm working as an in-house property manager, I'm currently management roughly 100 units, as of now, I'm doing everything my self, since we are in the process of acquiring another few hundred unit, my ...
I am really interested in getting into the self storage industry. I know very little at the moment and am in the very beginning stages of trying to get started on this journey. I was wondering if you had ...
Does anyone have any experience setting up an LLC for their real estate agent business? If so do you have any reasons why you would or would not do it again or why you chose not to in the first place? I am considering...
Hello all, As the title implies, I have set up my self-directed solo QRP 401k with checkbook control and trying to set up a business account. I know there are three known banks that deal with self-directed accounts bu...
Hello,Long story short, I own a few properties in CA and MN. I have gotten by with using a property manager or cobbling together a lease when I have a tenant. Now that I am adding another CA rental to the mix, I wou...
If you could scale your VR property portfolio to 1000 units using none or very little of your own money, would you do it; and why or why not?
I'd like to get some feedback on how to structure a PM entity for self managed properties. I hired an assistant last month and was thinking about starting a separate PM company just to manage my own portfolio and have...
Can someone tell me if and how I can use my IRA to buy real estate?