Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.

The key is to be detailed and consistent in your logging.For our clients, we provide a custom spreadsheet to help track activities more effectively.

If you use any of the major mailhouse services, like Yellow Letter HQ (a service I can personally vouch for), they offer a variety of templates and even provide text suggestions.A smart way to analyze this strategy is by observing people in your local market who use mailers and identifying what works or doesn’t work for them.The simplest and most effective way to test this approach is to pull a hyper-targeted list of distressed homeowners and run a small-budget mailer campaign.Hope this helps!

There's also the CTA that came into effect  at the start of this year.

However, we're unable to gain access because they lack a local team.Poplar, if you are seeing this message, please address the situation in Columbus, Ohio.

@Michell ChaseGood morning Michell, I want to address your comment that you are beginning to buy other investment properties under your LLC.

I would address these issues people are having and even explore starting fresh with a new listing. 3) I would find something local to offer by partnering with a local business to give a discount for maybe something like jet ski rentals, restaurants, etc. 

It seemed like they borrowed a relatives bank account and edited the name & address to theirs.

That might be one way to do it, but doesnt address a lot of other issues you probably need to accomplish.