Look at it like networking gardening, you're planting seeds that will grow over the years if you put in regular effort.

So the down low on 3 companies I interviewed:Company AOver 400 units2 Property managersLate on the 5th- $50 charge to tenant, 10th- additional $25 charge to tenantNo project management fee1 drive by inspection per month, 1 full inspection every 6 monthsRequires renter’s insurance (single family homes only)Stated high percentage of tenant renewals Manager of the RE branch was a local town justice for many yearsHandles insurance claims2 evictions last year (both in same building- new project) - not tenants they placedSaid they serve fake eviction papers before moving on to full eviction process (to save owners money) Charges ½ 1st mo rent and 10%Red flags-Does not approve prospective tenants with owners (to keep owner from contacting them)Will not show lease (confidentiality)I did view one of the houses they manage, the tenant mentioned they had asked for a leak to be fixed and it had been over 2 weeksDue diligence revealed PM was arrested 3 yrs ago for petite larceny from a grocery store- weird a retired town justice would hire herCompany BManages 40 properties2 Property managersNew company (1 yr old)- all property managers came from another with years of experienceLate on the 5th- $50 charge to tenant, then 3 day pay/quit notice ~5 days later10% project management fee w/ weekly updatesInvestors make up 5-10% of their propertiesIn house maintenance staffOwner can approve tenantsOwner can provide own leaseReiterated how important communication was2 prior evictions1 manager has 2 investment propertiesCharges ½ 1st mo rent and 10%Does not want to rent low end housingRed flags-One of the property managers never responded to first 2 emails, 2nd manager was prompt every responseDoes not want large portfolio of rentals (150+)One of the property managers has boyfriend writing reviews on how great she is, same manager that never responded (looked him up and he has a lengthy arrest record)Does not perform regular inspections unless owner requires (sounds reassuring- sarcasm intended)Admitted no set schedule for inspections but noted “they can do them”Company CMy current agent/his wife would manage- part of a franchised-brokered companyI’ve bought and sold 1 property through him- sold in 6 days in a market with over 365 days of inventory, though the sale drug out 6 months due to the buyer/buyers agentEthics is of utmost importance to him (proven this)Late on the 4th- $25 charge to tenantWill provide project management (taking pictures, lock box for contractors) free of chargeAverage ~ 2 year tenancyWill be providing investor referencesStandard lease- owner can’t changeProvides copy of lease to ownerPrefers owner not to contact tenant but not against policy (want to send out semi-annual survey for their review of management/property)No repairs w/o owner permission (unless emergency)Drive by inspections often2 evictions last year- not tenants they placedAs an agent they are the most geared toward investors in the areaCharges ½ 1st mo rent and 10%Red flags-Current late fee is only $25 (brokered company rules)- they have a meeting next week to discussHave tenant submit background check through online platform- I’ve found tenants to be lazy and would rather you do thisNo annual/semi-annual inspections- said they check smoke detector batteries/change furnace filter once per yr

And when the pitch goes this way they will know its fake.. 

In many instances they could build a prison or a waste plant next door and you couldn’t sue for that either.Disclosures are typically on properties only not what goes on in neighborhood.

Except for one guy, that was kicking and screaming all the way...including a faked heart attack when the Sheriff was there to remove him.

Trimming the shrubbery, mowing the lawn, and planting a few flowers can add a lot of appeal to your property.

there are not and do not let anyone tell you they are.. they are brokering for HML    ..HML use private lender as a marketing ploy they are all HML any lender that lets a broker get a fee or advertises is a HML in the business.. a private lender the definition is you .. you have a few bucks in your IRA and yo want to lend it to someone you met at a REIA meeting and you do less than 3 ayear or so .. so you don't need a license in CA.. and for sure there are all sorts of frauds and fakes out there that will promises the moon as long as you pay them 500 fee or whatever in up front fees then you never hear from them.. they troll every social media outlet from facebook to linkdin to BPI mean what better place to troll for those looking for money than a real estate site.  

What I have to be careful, it is not to put everything in one market, hopefully after this one, I will like to diversify in another market of course and plant more seeds.to @Kristopher Hanks, you are a very good example of a truly and honest person/investor for a lot of people in this community, I must say that when you admit your failures and mistakes, it will make you a better and experienced human being.

Neal Bawa has best fake data anyone can have.

., for a whole MONTH, and therefore my LLC is a fake sham?