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7 January 2025 | 0 replies
I have learned once again, No one cares about your properties like you do.
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10 January 2025 | 8 replies
Also, be careful with your lease terms: we specify all tenants, including minors, and state "No Others" specifically.
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3 February 2025 | 32 replies
@Nick Henry this also comes down to how much time you have available and how much effort you are able to put into purchasing a home or building and doing renovations and then finding quality residents to live and take care of your asset.
13 January 2025 | 7 replies
You’re in a solid position with this property, and it’s smart to weigh your options carefully.
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9 January 2025 | 46 replies
From the start we could tell she hadn't read any of the questions we carefully answered nor reviewed any of the sensitive documents we uploaded during onboarding.
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8 January 2025 | 5 replies
Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.
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18 January 2025 | 11 replies
That said, you deserve a management team that treats your properties with the same level of care and attention as they would for larger clientsI’ve heard from other investors that finding a great PM company can be a game-changer.
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14 January 2025 | 21 replies
Great Handyman – Someone to take care of the little things that come up on a daily basis.That's the team I am looking for to start.
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8 January 2025 | 27 replies
It's just water, if it was taken care of it is not a permanent problem.Did you have an inspection?
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22 January 2025 | 25 replies
You can still use a property manager for on-site tasks, but your own activities—like managing bookings, marketing, and bookkeeping—must be well-documented and exceed the property manager’s time.It’s important to carefully track your hours, especially if you’re managing remotely, as this can face additional scrutiny from the IRS.