We are going to refi the 72 unit apartments to Freddie.64 units was a great buy at 20k per door, but it has shady tenants and a HAP program (still waiting 4 months to receive voucher money.

.)- If someone stops paying rent you may need to go through an eviction process- When screening tenants you need to do a thorough check of who you're renting to- There are several Fair Housing laws you need to be aware of when placing a tenantOften times, a PM company will even be able to cover their own cost by receiving the highest rental amount possible for your investment, most likely higher than you could by yourself due to the exposure and avenues they have for marketing.

She said she wouldn't pay it anyway because her deposit is the last months rent (we never received a deposit).

Then I received partial payments and lots and lots of excuses about a promise for full payment and this drug on for months.

Keep doing what you are doing, the podcasts are excellent and contributed greatly to my learning curve.

@Joe Kim, My former Scottsdale co-host, and Cousin is moving to the Bay area to start work, I want to stand a property out there up, but have received fearful, OMG's from a college buddy who is a property manager.

Out of courtesy, I informed my neighbors of my plans and am receiving pushback from some of them.

This way we receive any proceeds from the sale up to our payoff amount or whenever we cut the bit off at, then the h o a receives the rest.

They tend to be demanding because they don’t travel much and think they should receive hotel service at a much lower price.

Unlike corporations, where owners may be subject to double taxation (the corporation pays taxes on corporate net income and the owner pays on any dividend income they receive), the LLC itself does not get taxed.