Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

28
Posts
5
Votes
Wendy Carbone
  • Property Manager
  • Huntsville, Al
5
Votes |
28
Posts

Self management questions

Wendy Carbone
  • Property Manager
  • Huntsville, Al
Posted

Hello all, I hope someone can help answer a few questions for me.  I have had 2 rental properties for 10+ years and have used a property manager for the entire time since I live several hours away from them.  In May, I purchased another SF home and I have a 4th SF home scheduled to close next month.  These last two houses are within 2 miles of my home so I want to self manage them.  My questions are:

Should I create a separate LLC management company and do I need to be licensed to do so?

All properties are owned in my name and husbands name but have an umbrella policy to reduce risk-no LLC.........thoughts?

What is a good resource for a lease agreement, tenant screening and rent collection?

Other than a minimum credit score what other specific stipulations can I legally make to help get the best tenant possible?

Thanks in advance for all your help!!

Loading replies...