I'm looking for a property with an existing auto mechanic or body shop on it ready to go, through foreclosure or Mls.

Most of the proformas I receive are in the high 30s and low 40s in terms of expense percentage.

RyanThis is the advice I received from my attorney and Title company regarding this very issue which I questioned last year;As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the same individuals in an official capacity (i.e.

My first inclination is that you would be fine if you have received a clean, clear marketable title. 

I’ve received rental applications.  

About a year into my tenant living at my rental house they told me the laminate countertop received a burn hole through it about the size of a quarter.

Unfortunately there is no individual or specific governing body in regards to property management in NY State so there are a lot of illegal companies pretending to be property managers and there are serious consequences for operating as a property manager without being properly licensed in NY.

I applied for an LLc on Monday and received an email back approximately 1 day later about articles of organization with a certificate from the state.

The potential seller isn’t looking to sell her house but has another which she received from her father after his death earlier this year and says she cannot afford 2 mortgages.The woman says 40k is owed on the property, ARV is between 140-180k.

Update 5/28After a week of talking to different OC property management companies, here are the rates for full service property management that I've received.