All Forum Posts by: Shall Tu

I have a property in NC managed by the property manager. I live out of state. Can I also make an LLC or it wouldn't make any sense since it is managed by the property management company anyways?

I have a rental property in Cedar Park Texas currently occupied by tenants. The recent-huge tax increase has left with negative cash inflow of about 200-300 per month. I think we do not have much scope to increase the rent as per our property manager. Should I sell it or does it have a potential to appreciate over time? I bought it in 2017 or 2018. If I sell it, I'll buy something near Raleigh, NC.  Would that be a good idea?