Thank you so much for the response!!

Spell out the complete agreement of how expenses, profits (or losses), and other responsibilities are to be split—put everything in writing.Do a background check on the partner to confirm there are no outstanding liens, judgments, or active lawsuits against them.Hope these suggestions help.

However as with any investment there is risk involved the investor is responsible to conduct their own due diligence.There is an existing property and a lot next door that is a blank slate.

Lease Agreement: Use a compliant, detailed lease covering rent, rules, and responsibilities.2.

In fact as the fiduciary your responsibility is to grow the account as quickly and effectively as you can.  

Hi, this is a high rise condo and the building is responsible for the ventilation system which is not working, not only in my unit (bathroom & kitchen) but in the entire building.

Good morning all....Your thoughts on sending surveys to your owners (landlords) and to your tenants asking how you are doing as their property manager?

I would make the check out to both of them and let them figure it out as I assume the lease agreement did not have who was responsible by percentage.

I don’t charge a pet deposit or pet rent but I do put in the lease that the tenant is responsible for any and all pet damage.

Your response should be 1- what is your hourly rate?