They plan for the worst case scenario and always attempt to under promise and over deliver.Everyone has a plan until they get punched in the face...Finding a strong operator that you trust and is accepting capital is always the hard part.

Send the same notice to your tenant and instruct them to stop communicating with the property manager.If your Property Manager attempts to charge you for anything that occurs after June 30th, report them to the California Association of REALTORS.

My plan was to get ahold of property, rehab it, get a tenant inside of it, refinance after rehab is done, and attempt to get another property.

Hi friends. Newbie here. Reading and reading and trying to soak it all up from all of you.
Need sincere advice on my first investment. Here is the info:

-Foreclosure for $85,000, 3 Bdrm 2 Bath, 1200 Sq feet, Lot 7...

The limited inventory available of duplex/MF falls in 1 of 2 categories 1) old, poor quality and potentially rife with problems that may persist over time 2) structures that were not originally intended to be multifamily but have been modified/rigged in a feeble attempt to be MF. 

As a courtesy to you, I have already expended significant time assisting you in attempting to resolve this issue so it is only fair that I am paid for work moving forward.

As a courtesy to you, I have already expended significant time assisting you in attempting to resolve this issue so it is only fair that I am paid for work moving forward.

As a courtesy to you, I have already expended significant time assisting you in attempting to resolve this issue so it is only fair that I am paid for work moving forward.

So 40% tax free and 60 taxed plus depreciation recapture.The 5 year total ownership test is how the IRS accounts for the previous property in the 1031 and attempts to prevent the abuse of carrying forward large gains for only a short time before converting to tax free.

After that she would not respond to any of my attempts to schedule the repair with her.