
18 February 2017 | 3 replies
He/She would have contacts for PMs that could be trusted.Lastly, your eyeballs can not be replaced by email or texting - - schedule time for an onsite visit and interview the Agent, PM prospects and to see some candidate properties.

20 February 2017 | 19 replies
Make sure you run your number to confirm the property can carry the debt service costs.Once a month is more than enough to be on site, make sure the management company doesn't let things go and that can be a nice trip to take with your dad to go see the property (unless you were involved all these years, you'll need his experience to identify things that might need attention and are not taken care of).On top of the on-site visit, schedule a weekly meeting (can be a web session like Zoom or GoToMeeting) with the PM to go over the property status and the finances.Lastly, I'd install security cameras on the properties so you can check in remotely at random times and see what's going on at the property.Once again, this is just what I would do and as I said in my previous post, I'd start all that with a meeting with an estate lawyer and a CPA.

24 February 2017 | 9 replies
You might have a hard time getting it financed too - the National MHP lenders aren't going to be interested in a deal that size in my experience, and local banks are hit or miss on these.

20 February 2017 | 8 replies
Then, you msy be able to deduct expenses on Schedule E.If you were still repairing the home pr getting it ready to rent for all of 2016 and never had it available to rent, you cannot deduct expenses on Schedule E.

22 February 2017 | 7 replies
So figure out what % of the square footage you are living in vs. renting and deduct accordingly on Sch A for personal home expenses and schedule E for rental expenses.Also, I would advise consulting a tax advisor in your area.

29 December 2015 | 16 replies
When in doubt, find a good real estate attorney and schedule a consultation.
29 December 2015 | 16 replies
Only here for a few more years...maybe longer..not sure.Home I'm currently in is beautiful and I've kept it up well and paid on schedule each month.

29 December 2015 | 17 replies
some people don't want the hassle for a 1000 dollar commission that will then be chopped up again with their broker....some do. if youre doing 5-10, spend a few hundred and become an agent yourself. link up with a high commission split broker that will leave you alone (investor friendly) . now you have direct access to listings, scheduling showings, and making/responding to offers.

29 December 2015 | 3 replies
Going to schedule 15 minutes or so a day to get here, just to see what is going on.The hello message from "Linval T" was phenomenal!!!!

28 December 2015 | 10 replies
Would you like to schedule a conversation?