Quote:
Originally Posted by pw2006
Good call Greg! I will look into the joint accounts for the little ones, and the dividend plays are more interesting than my muni approach. Sorry, I'm a cpa and have ultra conservative tendancies. Can you send me more info on the mgmt co for your LLC? Our mgmt fees in Hawaii are outrageous, and I don't have a lot of time to deal with tenants. However, you LLC sounds intriguing!
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No point in me sending you LLC info -- but they are on the internet.
http://www.suhrco.com/
I don't think they do anything in Hawaii!
But there are many, I'm sure, outfits in Hawaii that do this very same kind of deal. There you just need to look around and get references and have meetings with them to see if you do business the same way. I'm a "pride of ownership" guy - I want my buildings looking tip top - and I want them run with integrity.... Some of these outfits are all about ROI - and never put anything back into the building... they just milk it. That's not my style and I'm not doing business with anyone that runs stuff that way.
I also am BIG - in fact - HUGE on big money downs... and NO REFI's -- put 35 or 40% down -- and fixed financing. That's the steady eddy way to make money. SO all those things are important to me.