Either way have a lease if you are going to deal with relatives or anyone for that matter.

I have not had any more issues with turnover on one type than the other.

It's along a relatively busy street that does not allow street parking, so tenant would need to park in a nearby side street.2.

I've never had a real issue, and I plan to keep it that way by doing the same consistent things as other have mentioned. 

Similar on the employee side...there is a very high demand for employees, and a relatively small supply of those willing to do the work. 

I'm sure several here has or will have the same issue in areas like mine, there are many multiunits out there. 

We’re talking about someone who makes their money INVESTING in real estate and real estate related assets.So, after 45 years in the real estate “game”, here is what I believe is necessary1.

Hi Sridhar, Check your agreement for any clauses that relate to the condition in which the tenant must keep the property and their responsibilities regarding showings.

If you are a real estate professional, you may potentially be able to buy some rental properties, perform cost segregation studies and eliminate the taxable income.The issue, is in a couple more years, your PM company will likely be more profitable and you will have rental proprties with reduced depreciation, further increasing your tax burden.

If there is only a JV and not a new LLC formed, what forms are issued at the end of the tax year?