@Calvin CraigIn my experience, deals that are not 50/50 (when both partners are putting in equal capital) typically suffer from the partner who has a lower % not being fully bought in.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

For example, at one point I talked with a lawyer that thought an 11 month lease would better protect the landlord and the tenant from some of the changes to the new eviction requirements.Best,Eric

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

There also could be malicious attachments or links that work to steal your login information or infect your computer.Here are some ways that you can protect yourself and your clients.Stay up-to-date on IRS Communications: If you receive any communication from the IRS, ensure it is coming through a verifiable channel.

It is imperative that you protect yourself (and your guests) by using the legal language and requirements of the state you're operating in.

I was just informed by one that the other got into some trouble and there is currently a military protective order against his roommate.

Crime is on the rise, property protections for landlords is nearly non-existent, and development is leaving the area for more favorable regulations. 

Yes, it is important to review the PM Agreement and its policies to ensure they align with your interests and protect you as their fiduciary.