Coordinating a same-day sale required precise timing and efficient communication.

Check references and reviews, and speak with other property owners they manage for.Clear Communication: Establish clear expectations and communication channels from the start.

Communication was the key breakdown in my experience, but to Rob’s credit, he is working on improving things there in that regard.

I keep escrow open with EMD to make sure we can enforce our contract in case the seller stops communication out of nowhere.Yes, I agree with the licensing part.

If they continue to argue or threaten a lawsuit, get an attorney involved and route all communication through them.

I would certainly comb through your past email/communications with the agent and report the issue to both the insurance company and insurance commission. 

I lead every stage of the development from the rezoning of the property, handling all the communication with architects and engineers.

I don't care about someone's color, religion, sexual proclivities, their stance on green energy, political affiliation, etc.I want people that pay rent on time, take care of the property, and communicate when needed.

Converting your single-family home into a rental property involves several considerations to protect yourself and ensure smooth operations: Establish an LLC:Liability Protection: Holding the rental property in an LLC can protect your personal assets from potential lawsuits related to the property.Tax Benefits: An LLC can offer tax advantages, such as pass-through taxation, where rental income is taxed at your individual income tax rate.Insurance:Landlord Insurance: Ensures coverage for property damage, liability claims, and loss of rental income.Umbrella Policy: Provides additional liability coverage beyond your landlord insurance, offering extra protection.Deductions:Mortgage Interest and Property Taxes: Continue to deduct these expenses.Depreciation: Depreciate the cost of the property over 27.5 years, excluding the land value.Maintenance and Repairs: Deduct costs related to maintaining the property.Property Management Fees: Deduct fees paid to the property manager.Filing Taxes:Schedule E: Report rental income and expenses on Schedule E of your tax return.Separate Accounts: Maintain separate bank accounts for rental income and expenses to simplify bookkeeping.Lease Agreement:Solid Lease Terms: Ensure your lease agreement is thorough, covering rent amount, due date, late fees, maintenance responsibilities, and eviction terms.Legal Review: Have the lease agreement reviewed by a real estate attorney to ensure compliance with local laws.Tenant Screening:Background Checks: Perform credit, criminal, and eviction history checks on prospective tenants.References: Contact previous landlords and employers for references.Property Management:Regular Inspections: Schedule regular property inspections to ensure it's being maintained properly.Maintenance Fund: Set aside a reserve fund for unexpected repairs and maintenance.Moving Out of State:Communication: Maintain open communication with your property manager.

This should include the new rent amount, the updated last month's rent, and any additional payments required.Handling the last month's rent when renewing a lease with an increased rent can be straightforward with clear communication and proper documentation.