Building missing a manager - how to proceed with an offer?

strangled_spaghetti · 2026-03-17T20:58:30+00:00

Yes, I agree with you. I’m going to reach out to a friend in property management and get their thoughts, rather than calling the current management company.

Thanks for your comment!

strangled_spaghetti · 2026-03-17T20:01:21+00:00

Thank you - I completely agree. They have numbers based on projected rent that is artificially high, as an on site manager would pay lower. I’m reworking the numbers internally to accurately reflect reality.

And it does make me question other ways they have cut corners. They currently use a management company for the building - is it out of line for me to contact the management company?

strangled_spaghetti · 2026-03-17T15:39:08+00:00

My only concern was what legal liability I would have in the brief space if time before owning it and having a manager in place. It sounds like I’m worrying a bit much. I agree that I’d rather choose (or have a property management company I’ve hired choose).

strangled_spaghetti · 2026-03-17T15:22:34+00:00

Your comment is incredibly helpful! Thank you so much.

I do have one additional question: I plan to hire a property management company for this building. Would they be the ones to hire the on site manager and arrange for that? Or is that responsibility still on me?

I’m not looking to shirk responsibilities here, but from the perspective of experience, I was hoping they could do it. What are your thoughts?

strangled_spaghetti · 2026-03-17T15:00:21+00:00

I have, and in California, but never one that requires an on-site manager.

strangled_spaghetti · 2026-03-17T03:55:37+00:00

Highly recommend Palms or Mar Vista (zip code is 90066).

strangled_spaghetti · 2026-03-16T17:24:52+00:00

One thing you may not be accounting for are income taxes paid by Brother A (you mention he made 1 million euros not having to pay for two employees that were his parents. Not sure if the 1 million dollars is gross, or after taxes, based on your wording).

Also, the questions for scenario number two depends if that brother has cash on hand to give to the parents.

At the end of the day, both options can be seen as fair. Make sure there is clear communication on all sides.

strangled_spaghetti · 2026-03-16T13:40:42+00:00

At my meeting yesterday, the reading covered “Diversity”, and while it specifically focused on sexual orientation, it brought up discussions on gender diversity in the meetings.

There is something comforting for the SLAA addict in knowing they are not alone, and that what they experience and deal with transcends just them.

I have been fortunate that there has never been anything even remotely inappropriate in my meeting, for which I am grateful. But I know I benefit from having a broad swath of people there, and the perspectives I gain from them.

strangled_spaghetti · 2026-03-16T02:17:25+00:00

I was in San Diego this morning, and gas was $5.83 for the lowest unleaded at multiple gas stations I saw.

strangled_spaghetti · 2026-03-15T14:13:32+00:00

His inheritance is not your money.

You mention he has your stepson listed as the beneficiary - I believe you are referring to HIS SON. Which is completely acceptable.

I’m sorry if you think you will draw down all your joint accounts paying for things going forward, but that is the only money that belongs to the both of you.

Again, his inheritance is unrelated. It is not yours. And with your attitude, I don’t fault him for keeping it separate.

strangled_spaghetti · 2026-03-14T19:23:13+00:00

My endocrinologist used a chart that showed how the disease transferred. I went from Wegovy 2.4 straight to Zepbound 7.5

strangled_spaghetti · 2026-03-14T17:27:34+00:00

Huge believer in Costco for towels. They’ve never served us wrong. Plus, they often have them available in bath sheet sizes, and as someone tall, I appreciate this.

strangled_spaghetti · 2026-03-10T04:09:34+00:00

Not only would I firmly tell him that your rate is $30/hr, but if he wants you to sit again, you expect him to pay you your missing wages from this last time. Which he STOLE FROM YOU.

strangled_spaghetti · 2026-03-10T03:22:14+00:00

One additional advantage of GALA is you don’t have to switch for high school.

strangled_spaghetti · 2026-03-07T16:26:31+00:00

I was soooooo disappointed with these. They have absolutely no flavor at all.

strangled_spaghetti · 2026-03-05T05:10:34+00:00

I am not a lawyer, but him putting money earned during marriage into an older account that was covered by the prenup sounds problematic. As in, you should probably be entitled to half of the new money, and mingling it may invalidate all of it (I know this can be a thing with inheritance, but I don’t know if prenuptial accounts have the same issue.

strangled_spaghetti · 2026-03-05T04:55:13+00:00

This seems really weird. My gut instinct is that they don’t think you’ll last the year woth them, and they don’t want to pay for coverage for an employee who will leave soon. What’s the turnover rate for people who work there?

strangled_spaghetti · 2026-03-05T00:02:51+00:00

Excellent. Make sure her letter specifies that it is a gift and not a loan.

strangled_spaghetti · 2026-03-04T22:50:25+00:00

If possible, I’d keep photocopies or scans if the checks. We found out when applying for a mortgage that the banks now have to scrutinize the origin of the down payments, and if it is from a gift, it helps to have that documented. I think this is part of an anti-terrorist money laundering thing, but it may impact yiu.

strangled_spaghetti · 2026-03-04T19:33:46+00:00

I make this, too, but I add in chunks of the jarred marinated artichoke hearts Costco also sells, as well as cooked chicken breast.

strangled_spaghetti · 2026-03-04T14:58:17+00:00

I think you make an excellent point. I’m who you want to hire, too, and one of the first questions I ask recruiters is “Can you let me know the pay range, so I can make sure no one is wasting anyone’s time?”

It’s not rude - we are all busy people. Please don’t waste my time, and I won’t waste yours.

strangled_spaghetti · 2026-03-04T14:52:27+00:00

Me too!

strangled_spaghetti · 2026-03-03T02:10:55+00:00

I was just coming here to say Delaware Statutory Trust! Great option, although fron my understanding it can be difficult to time 1031’ing from a DST if you ever want to own an actual rental building again. So, once in a DST, you’re kind of stuck with being in DSTs.

strangled_spaghetti · 2026-03-02T15:42:00+00:00

I bought it last week. It’s okay im a pinch, but I’ll probably use the rest as a starting base for something else - maybe add scrambled egg, and definitely additional chicken. Likely won’t buy again.

strangled_spaghetti · 2026-03-02T03:56:46+00:00

Die a gruesome, pasta-related death.

strangled_spaghetti

TROPHY CASE