Account Closed Especially since you've done a deal already - I find it effective to have a credibility kit of some sort.

"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.

@Zehua Zhou,The IRA account owner is prohibited from guaranteeing the loan to an IRA. 

My wife is actually an account exec for a Development Lender up to $20M and my company lends up to $3M.

Hi Kareen,Our Editorial Director Account Closed and I actually just wrote articles about our reasons for selling or keeping our primary residences as rentals that you should check out!

The rental income podcast just had a guest on that offered a “cheaper” and “easier” way to split water/ga between units.  

I hate people who lies and is not accountable.

The new tenant income will further strengthen my financial position.While selling the properties is not my preferred exit strategy, the quiet title process should be completed by July 2026, allowing for a potential sale if refinancing is not feasible.

It will give you something to fall back on should the work not be done how you want and gives a contractor clear expectations, which is all-around helpful.From a Contractor's point of view: I used it (detailed Scope Of Work) to hold the customer accountable and keep the job moving.

Make sure property is “self supporting” meaning sufficient income to produce some cash flow after operating expenses and debt is paid.If one does that, they are set up for a profitable long term hold.If one invests in a prudent manner and is never in a position where they have to sell, they ultimately win.The top or bottom of a market is never known until 6 to 12 months after the fact.I’m a long term investor - my capital is patient.Here’s a question to ponder:If you could buy a property today for $1M, knowing it’s value would drop to $950,000 over the next year but would be worth $1.5M in 5 years, would you buy it today or hope to perfectly time the market and get at $950,000?