The company then came after me to collect the 3 months of rent.

Where I worked, we used a property management company that was very on top of the collection of rents.

But I'm curious as to the collective experience here.

I recently received a letter stating that due to our property not performing up to standards, they will automatically be reducing our collections % down from 58% to 50%.

Well my goal is to bring "highest and best" use to the neighborhood. 1 year ago you could buy property for 35,000 and collect rent. 1 year late new construction under contract for 250k, rehabs listed at 239k.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

You’re correct, there’s a large portion of houses that are not listed on the rental registry, and therefore legally aren’t allowed to collect rent or have any case when trying to evict tenants (at least pertaining to the City).

We file 65% of our tax returns by April 15 (this year we will prepare about 4,200 tax returns).Not trying to brag our team up, but we approach tax return preparation very methodically to avoid the situation you describe.Quick side bar- if you are a new client, we usually charge a small fee for extensions to be applied to your tax return prep fee, but we don't collect the whole fee up front.

The demand in Greenville, South Carolina, stems from several factors that collectively contribute to its attractiveness as a place to live, work, and play.

Hey, you will save the 10% of the rent next month collecting directly, see looking better already , lol