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16 March 2024 | 36 replies
Probably just meAnd when you do have that tenant issue, that then chews up 100hrs of your life in a matter of weeks, and your flipping out over how insane everything is happening, that is when you will say "OMG F-this, someone else can deal with this". 25% of what a property manager does is PREVENTION and PREPERATIONS for things going bad. 25% is knowing all the things, ALL THE THINGS.
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14 March 2024 | 1 reply
However, it is important to note that the IRS has strict rules and regulations in place to prevent abuse of the depreciation tax benefits.
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15 March 2024 | 43 replies
It’s probably legal to prevent them from having a guest in a common area.
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14 March 2024 | 18 replies
The reason for this is to prevent people from getting a good deal, immediately refinancing, pulling all of their cash out, and having no "skin in the game".
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14 March 2024 | 11 replies
If they are trying to put a lis pendens in place to prevent you from being able to sell to anyone else, a quick letter from your lawyer will usually clean that up.
13 March 2024 | 2 replies
I feel the topic of preventative exterior maintenance is rarely talked about.
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13 March 2024 | 4 replies
If you file a complaint, they may suspend his license preventing him from working for any other companies or being able to pull permits anywhere. 3.
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13 March 2024 | 6 replies
This helps prevent any fair housing issues and most cities do have laws around the number of unrelated people allowed to live together... and, typically, this number is shockingly low.
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11 March 2024 | 7 replies
While a good list helps, talking openly with tenants about property expectations is also vital to prevent unnecessary damage.
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13 March 2024 | 14 replies
There's a lot of chatter on these forums about pros and cons to forming LLC's in specific states citing greater protection and privacy but it's not entirely accurate and certainly unnecessary.