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All Forum Posts by: Michele Shima

Michele Shima has started 3 posts and replied 13 times.

Post: Real Estate professional logbook example

Michele ShimaPosted
  • Honolulu, HI
  • Posts 13
  • Votes 9
Quote from @Sean O'Keefe:

@James E. @Clive Smith I have a sample log in format that follows the IRS Audit Techniques Guides (ATGs). Let me know if you'd like a copy. 

 Could I please get a copy of the log, @Sean O'Keefe?  I appreciate it. 

Post: Yard sprinklers in rental property

Michele ShimaPosted
  • Honolulu, HI
  • Posts 13
  • Votes 9

My rental property has sprinklers in the yard yet tenant will be responsible for paying for water.  I'm looking for suggestions, guidance; how do I word this in a lease agreement?

Post: Should I have an attorney review my residential lease agreement?

Michele ShimaPosted
  • Honolulu, HI
  • Posts 13
  • Votes 9

I self manage a couple of residential properties on Oahu and am looking for a new lease agreement generator (Avail, for example) and wondering if I should have an attorney review the lease agreement?

Hi all, 

If you use Avail currently or in the past, could you please provide feedback as I'm thinking about using them for tenant screening, lease agreements and rent collection.  Appreciate it.

Hi @Petra Handrigan.  I'm curious how Avail resolved your issue and what went wrong? I was thinking about using them for my rentals going forward. 

Your feedback is appreciated. Thank you.

Post: Anderson Business Advisors

Michele ShimaPosted
  • Honolulu, HI
  • Posts 13
  • Votes 9

@kelly 

@Kelly Custer I've been on the fence with Anderson Business Advisors for a few years now. I'm curious to know if you have any positive/negative updates, and if you found a more reasonable asset protection company to use?

Post: OK to do 1031 exchange from an investment property?

Michele ShimaPosted
  • Honolulu, HI
  • Posts 13
  • Votes 9

@Bill B. Ha! I was trying to do that on the first response, but I couldn't figure out everyone was doing it! 

You're a Wealth of Knowledge. Thanks again!

@Dave

@Dave Foster Appreciate the info!