Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
We have regular evictions at this scale and they typically will take a few months up to six or seven months if the tenant contest/hires an attorney.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.
Christi Wolverton
Credit card payments declined
16 January 2025 | 6 replies
Heck, you process debit cards if you insist for 1/10th the cost and non-reversible.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.
Daniel Vo
Daniel New Member Introduction
24 January 2025 | 16 replies
Even if you are remote and hire a PM you still have to manage the manager.
Cathy Ries
Is it worth tax planning before acquiring rentals?
29 January 2025 | 2 replies
I'm a financial planner by profession so you'd think the default answer is, "heck yeah, always hire a planner!"
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
Kristi Kandel
Resources to Help LA Communities & Families Rebuild After Wildfires
13 January 2025 | 4 replies
The process will be slow, but with patience and smart planning, you can move forward step by step.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.
Evan Bonnell
Mold problem won't go away!!!
30 January 2025 | 2 replies
Worst contractor experience I've ever had.I then hired a second remediator.