My broker just called me and said that she wants to start a property management company and wants me to manage the day to day operations of that part of the company, I have never managed a large amount of houses so I was trying to see if anyone had any tips or could point me in a direction to learn more about the property management business, (rates where you are, software that may be beneficial or just more information ,) I live in Kansas City Missouri , I know she told me that the key is staying organized because we can be audited by MREC anytime.Thanks In Advance ,Adrian Williams

I like to have things organized (1 rental).

The chemicals mix with the water in the Ocean to make Potassium Chloride or something similar(can't remember the scientist jargon they were saying).Anyway when the compounds hit the Ocean they cancel each other out and dispurse.I heard a quote this morning from an organic chemist:"Dilution is the Solution to the Pollution" let's hope so...

Also, something popular from the non-profit world is have anagram, if you can...For example, Community Housing Assistance & Development is known as "CHAD", works great in contracts and when explaining what the organization is about, does, etc.Also, Pick the words you want to use, Community, Neighborhood, or use the name of an area, like Ozarks, Lakecountry, Milehigh..whatever.

See if you can get free legal aid in your state.If you are paying banks generally have to honor the lease.It is typical for banks to stone wall you and then claim you haven't been paying the rent.If you have been sending them certified funds to the address given for the full rent of your contract you should be okay.If the payment is coming back or they are not accepting it after you are sending it then you need to do this.Set up a separate bank account and put nothing in there but the monthly rental payment.Then when they file eviction you can go to court and show the judge the property you were renting was foreclosed on and that you have a valid lease.Show your single account where you have all the rent payments and that the bank returned your funds after trying to make payment or gave you nowhere to send the payment.Write down the contact for the bank,the date and time of each call where you left a message and the number.This will show the bank is trying to stonewall you and you were acting in good faith.The judge will force the bank to honor the lease and not grant eviction.Now this all depends on if you have a lease with a time period attached or if that lease has now become on a month to month basis which changes everything.With cash for keys the first offer isn't the best offer.You have to weigh moving expenses versus putting security deposits down and first months rent.You also have to weigh what they are offering versus how much free rent you could extract by not making the payments for a few months while they get you out.With cash for keys they want "broom swept condition" before you are paid.If you have a lot of junk you might come off cheaper getting the free rent months with eviction and leaving all the trash behind and taking the essentials.I don't know if you are talking to the bank or just a real estate broker who has been assigned the property in pre-list.Now that you have said you want to fight eviction they broker is most likely waiting on a response from the asset manager or the banks legal department as to what to do next.

If you see a lot of run down properties, chances are they are still like that.To be successful, you have too be very organize for buying unseen properties.

I have also seen many "investors: on there offering services in response to other posts.Check you local newspaper and TV station sites, we have some that have chat.School systems are on line and paraents post about the PTA with contact info.Any local organization,churches, non-profits, even businesses may have bulletin boards.I'm outta ammo, I'm technologically deficient, so I'm not that familiar with this stuff, but it's what I have seen.

Lastly, if you expect ice and your properties have areas where people could slip and fall, like rock stepping stones going uphill in the front yard or sloping steps, just ask them to keep people away from such areas and make them aware of the winter hazard.

The clubs I mentioned are networking organizations who will introduce you to other investors who are doing what you want to do.

Use this deal as a stepping stone to your next.deals.