All Forum Posts by: Nicole W.

I have rentals in different states. Is there a good Insur agent who shops the US?

I agree with Mike H. There is absolutely no incentive to rent it. More so to keep it unrented. 

I have never paid that much for a property mgr. I have 3 as my properties are out of state. One has a few of mine and I negotiated 8% of the rents and no lease up fees. One other manages one and agreed to 8% as well of just the rents and when a new tenant comes in, I pay a new lease up fee (but not for just renewals yrly). She was doing property mgmt on the side as a realtor and I just talked to her about it and she agreed. With the other, I pay 10% of the rents as it is only 1 property and a company. No release up fees. It was the most economical for the best reviews I could find. So when any are vacant, I pay nothing on any of them. I wouldn't go with that as there is no incentive to fill your unit. No matter the price at all. If I need any of them to do anything extra for me, I just work out a payment for that one thing and pay them by action. You can review your contract and see when it ends then renegotiate or find someone new. There are tons of them out there and good ones at that. You just have to interview around.

@Joshua VanName

Thanks. I had the same thought. 

What route on the ADU did you take? Were you the GC or did you get a prefab or just build stick? I am looking at putting one in as well and trying to go the most economical way.

@Ronak Patel Hi. Did you end up creating an LLC for the ADU you built? I am asking the same question and would love hear your experience with it and how you went about it in the end and if it was all worth it.

@Nicholas L. It's not really worth it right now. Just hanging onto it at this point. But tks for the idea.

I see several people said they couldn't download the application, background check or credit report. All you do is go to "print" top right and in your own printer once you are in your "Print" section choose the "Destination" option "Save as PDF" vs your printer that is named there. You can then save it easily that way. 

I agree that there isn't 100% of the info that one can get from other options for credit/background checks, birthdate or ssn, we always call and verify where they say they live and work. If one were concerned about future evictions, one could ask for the date of birth and SS# as well. 

We've been only trying it recently and found 4 very qualified tenants who all checked out fine.

Nicole

@Nicholas L. To pull my capital gains out with no taxes. Thinking of moving out of state.

@Sarah Pelton Hi. Where did you end up going for your LLC checking accounts?

@Ricky A. Did you set up that Bluevine account yet? I'd like to know how its working for you.