The signs could be falling rental prices, high vacancy rates, falling house sales, or high mortgage rates.Although investing in real estate is generally a “buy and hold” strategy, sometimes it makes sense to sell rental properties if they perform poorly.4.

Even if I were to collect the late fees it doest’t materially alter my properties performance and my tenants appreciate the flexibility in the very rare circumstances where they are late. 

Did you obtain lien waivers for work performed?

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, they often select the first PMC they call or that calls them back!

For example, I had a client who converted a student property in a college town to a traditional rental, but the key was that the asset wasn’t performing well.

So, this is about your feeling about that exchange (communication) as they have not yet failed to perform what they promised since it isn't mid October yet.

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, they often select the first PMC they call or that calls them back!

If that is the case, then the listing agent has violated the contract by placing tenants.Also, JUST BECAUSE THE LEASES ARE FOR HIGHER AMOUNTS, DON'T ASSUME TENANTS WILL PERFORM!

An activity is a personal service activity if it involves the performance of personal services in the fields of health (including veterinary services), law, engineering, architecture, accounting, actuarial science, performing arts, consulting, or any other trade or business in which capital isn’t a material income-producing factor.7.

A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870.