I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel.

First, Are you licensed and insured to manage other people's properties?

Also note that my company will possibly either cover closing costs if we sell or provide property management for two years if we rent.

Hi all,I'm looking for recommendations for a property manager for my 8-unit apartment building in Cullman, AL.

* What is your average rent amount for all properties managed?

If you do decide to keep the rentals, let me know if you need any property management company recs!

Not impressed with other large institutional managers who are very light with boots on the ground and in many ways have the attidude they are assisting you in managing the property, not managing it for you.

@Tyler DavisUsing Locations in QuickBooks can get tricky, especially when managing multiple properties.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

The "due on sale" clause (DoSC) obligates the seller to notify the lender if the property is sold.Failing to do so would place the seller in violation of this agreement, giving the lender the right to accelerate the loan.But no laws are being broken here.So, subto is neither legal nor illegal.Second, it only works because most lenders are more interested in receiving payments than in invoking the DoSC clause and foreclosing on the property.But, it can work, provided seller and buyer are both on board and the proper process is followed.