This method offers greater efficiency, ease of use, and reliability.

Sometimes I have even directed troubled tenants towards assistance programs (such as single moms because there are a lot of programs for them specifically in my area especially).

As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear feedback from the BP community.Large PM companies have begun partnering with financial institutions, such as Rhino Insurance, to help tenants who struggle with paying their security deposit.

I wanted to reach out and offer some assistance with your question.As someone in property management, I’m pleased to share that we’ve had significant success with the Section 8 program.

They don't have to manage the property for you, but they can assist with getting a qualified Tenant in place. 

@Brittney Yang first red flag is it doesn’t sound like he’s that interested in long term holds but the primary reason for partnership is expertise in renovation and secondary reason is balance sheet and income to help get financing.Regarding reason one, I would offer to compensate him for his time in assisting you and have a very clear scope of what that responsibility is.  

Thanks in advance,Rookie You’re going to struggle to find cash flow anywhere in the dmv, you would really be buying for appreciation only, both for ease and some upside, I’d look at some condos in dc, definitely some risk, but you can pick up a condo at a price you would have paid a decade ago. 

Please DM me and I can walk you through the process if you need assistance on the filters.   

Would recommend.I will be using the firm for my 2022 tax return (1040 and 3 LLC's), expensive (about $5k-6k) but given they've assisted with the tax planning I'm hopeful the synergy will provide the best outcome.Happy to answer any add'l questions.Pat  Hi Pat,Just want to confirm, that is HallCPA fee for filling 2022 tax for one 1040 and 3 LLCs?

To minimize upfront costs, explore down payment assistance programs, creative financing strategies like seller financing, or rent-to-own agreements.