
11 August 2024 | 2 replies
Definitely hire a real estate attorney to draft or review any seller financing agreement to protect your interests.Ask the real estate attorney how to handle the POA situation...can you talk with any of the other property owners who are short term renting out their properties to see what/if they have any issues?

12 August 2024 | 13 replies
I know there is a new tenant protection law but the waiting time is extremely unfair to landlord.

10 August 2024 | 9 replies
Rents have not quite kept pace with the median price increase and as a result, cash flow has suffered.

10 August 2024 | 11 replies
So, they aren't a way to save you money only to protect you against things you can't cope with on your own. 2.

14 August 2024 | 51 replies
Since around 1993 or so, I've always bought investment properties inside an LLC, for the asset protection they're "supposed" to provide.

12 August 2024 | 12 replies
For one, they typically will not lower the contract price, they need to protect their comps, so the credit has to be used for closing costs, rate buy downs and "upgrades."

11 August 2024 | 4 replies
The only benefit you'd get from a fideicomiso is asset protection so you have to decide if it's worth the cost.

13 August 2024 | 14 replies
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.

10 August 2024 | 8 replies
I always try to use NNN when possible since it provides the most financial advantages for the owner and protects them from fluctuations in taxes and property insurance (which is a huge protection here in Texas).

9 August 2024 | 20 replies
Renewal of previous leases are $300/year, roughly, but - also according to the salesman - they keep tenants in-place 3-4 years on average.Other than those miscellaneous charges, they do have two interesting "guarantees": 1) a $5k eviction protection guarantee, and 2) another $5k in rental income guarantee - which I'm sure was something that stemmed from property owner's concerns during COVID.Overall from what I've seen/heard, Mynd seems like a great company if you want a full hands-off or out-of-state managament approach.