@Steve Cribb to be successful, landlords need to set boundaries.Many tenants, especially desperate ones, try to make their problems their landlord's problems.As a PMC, we try to be reasonable, as "life happens" and "tenants are tenants for a reason", meaning they don't plan well and live paycheck to paycheck.Part of our being reasonable though, involves deadlines and we AUTOMATICALLY start the eviction process so a tenant knows this. 

Hi,My wife and I moved into our current place about a year ago, and converted our prior primary residence into a long-term rental.

We've done this many times where you purchase a property at a discount with short-term financing/bridge loan, rehab it to increase the value, rent it out and then when you refinance it with long term financing, you (hopefully) get some money back.

You are led to believe that the guru will provide all the knowledge and information you need to be successful in some aspect of the real estate industry.  

Wondering if this is about right in terms of cost or whether there are other more affordable companies out there.  

Here are some diagrams to help you on this quest: Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: AssPro_Decision_Diagram Asset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - APOnion__Diagram How a fully implemented asset protection layout might look. - Asset Protection Layout A CSS Decision Diagram flowchart intended to bring together all the various questions when assessing the benefits of a Cost Segregation Study (via a professional or DIY).Let me know if you have questions or want to chat further - I can give you my investor perspective - text me at 512-368-9940 and we can talk further.PS.

This strategic acquisition and quick resale, completed on the same day, resulted in a successful sale for $250,000.

Especially with a long-term hold approach.

Hello Everyone,I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years.

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