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28 February 2025 | 5 replies
The initial condition report, tenant communications, and maintenance requests were properly recorded, proving that this issue had existed long before our management began.When the lawsuit came in, both the property owner and our company were off the hook—all because we had a clear, well-documented paper trail showing that the negligence occurred under the previous management.This situation reinforced one of the most valuable lessons in property management: Documentation isn’t just paperwork—it’s protection.✅ Always keep thorough records✅ Make communication traceable✅ Ensure maintenance requests are properly logged and addressedYou never know when good documentation will save you from a nightmare scenario.What’s the wildest property management situation you’ve encountered?
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13 February 2025 | 22 replies
Ensure you have reserves for vacancies or repairs, properly screen tenants, switch to landlord insurance, and keep detailed records for tax time.
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14 February 2025 | 1 reply
Hey Everyone! I’ve got a TN LLC that I registered as a Series LLC (with series language in the Op Agreement). I’m set to close on a property in early August and am trying to make sure I’ve got all the correct paperwor...
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20 February 2025 | 51 replies
Make an informed decision if you think people are properly trained?
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19 February 2025 | 6 replies
You need to terminate the tenancy with proper notice.
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25 February 2025 | 15 replies
First Wyoming has a very strong set of statutes and case law supporting that entities that are properly run get liability protection.
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26 February 2025 | 27 replies
We were hoping for another 5-star to start with an official 5-star review but we got the review that kills, a 4-star bringing us down to 4.67 below the direct competition and also with a content that I think could prevent further bookings.
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16 February 2025 | 44 replies
In a mortgage foreclosure, liens that are more senior survive, and junior liens are divested (at least for those where proper service of the notice of sheriff sale was properly delivered to the lien holders).
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23 February 2025 | 246 replies
The URL provided above will take you to official statement that RAD has provided to the SEC.