I'm a long time professional property manager and I'm not afraid to deal with delinquency or other legal matters myself, so I only pay for the services I want, like screenings and the tenant payment portal. 

But the damage was done—I had already gone through three management companies, three evictions, and a lot of lost rent and legal fees.

It’s fair for the capital partner to handle these financial contributions since they aren’t bringing management or hands-on skills.Whatever structure you choose, make sure all contributions and profit-sharing are clearly outlined in a legal agreement to avoid any potential misunderstandings down the road.

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

With insurance rates stabilizing due to legal reforms, I just don’t see a crash happening anytime soon.

Many landlords now use online platforms that integrate electronic signature capabilities to handle this legally and efficiently.

If it's not, you won't be able to legally rent out the unit and you'll be opening yourself up to huge liability if anything goes wrong. 

They were charging another homes repairs to my home and wasn’t caught until I threatened legal action.I reached out to the new person who was managing my property to inquire about a lease renewal for my tenants and make it clear I needed to increase the rent to cover expense increases on the house.

His attorney wrote a letter explaining the boundary was “old and established” and had become the new legal boundary years ago. 

He failed to provide clear itemizations, which opened the door to legal action from tenants.Make sure you’re documenting everything clearly and adhering to the laws in your area to avoid similar issues.