Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

My primary interest lies in the Houston market, but I’m open to exploring other areas as well.So far, I’ve read The Book on Rental Property Investing by Brandon Turner and am currently working through The Book on Managing Rental Properties.

I am working on a product that will help small-medium size landlords launch and maintain Internet presence at a small monthly cost without spending big budget on custom development.It will include: SEO, custom domain, direct syncing with your property management software, syncing with QB. 

I know this property inside and out.

Cash invested: $2,000 I am currently working on an inherited property, so that I can rent my home out. 4 Bedroom 2 full bath. 900+ sq/ft Full brick home.Currently rehabbing this house.

(From what I hear the first property can be very impactful to jump starting one’s real estate journey (or very very negatively impact it,).

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $241,500

Cash invested: $8,452

This was my family's starter home, which we kept and now rent out.

What ma...

So outsourcing some degree of property mgmt would be a must... but the deal won't work paying a local property manager a large % of my revenue...Instead, I would set up my "boots on the ground" (cleaners, handyman), and would need an offshore virtual assistant to manage guests and coordination of my local team. 

My thoughts on this would be - when you're taking out all money that you have invested into a property AND the property has enough equity that any loan fees can also be covered through the refinance AND the property still cash flows, you're getting an investment with no cash of your own.