Quote from @Jonathan Greene: Never sell a high-performing property with no cap ex and low maintenance to buy another rental.

They don't guarantee their performance and your money is lost if they flee with it. 4.

I definitely recommend that you seek out a Certified Cost Segregation Professional so that you are confident in the quality of the work performed and the deliverables produced.

As a beginner, I want to operate an ethical and sound business.

Hello everyone,I am getting ready to make my first home a rental property. I know that one of the first tasks is to obtain a licensing for rentals in the city. I was hoping to find some people in here that have proper...

I may also charge if one of our people can't perform scheduled maintenance because the tenant has not crated an aggressive dog.

Quote from @Roy Jenkins: I want to start flipping properties my last year in the military but I'm not quite sure what the best type of loan would be for a beginner flipper.

@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.

I always make sure that the draws are commensurate with the amount of work (and specifically the trade) performed to date.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?