A real estate strategy where each street of rental properties goes into its own LLC, then gets sold to an investor. The management company stays as a partner, splits the rental income with the investor, and keeps operational control across all the streets.
What we might do would be like split it up in a second. Each street is its own, is its own LLC and has 14 assets in it or 24 assets in it. You sell that street to an investor and then that investor and you split the income off of that street. The next one is another investor. The next one is another investor. They all have their— well, each street, each street is its own LLC. That's smart. We are a property management company. That manages— we're partners in everything they want so that we can control the property, but investors pay for it, right? They get that cash deal. So, okay, cool.
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