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I self-manage a few properties remotely and I couldn't find an affordable solution for managing my properties. I like buildium, but $150 / month is expensive. I also tried out hiring property managers but 10% of rent ...
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My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
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In the last month or so I’ve received tenant applicants that would like to supply their own credit reports? I have always ran their credit report and charged them. I use my own company that I work with. I hate to los...
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Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
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Long story short. I got a Wyo LLC in order to have anonymity.I want to buy the houses in the name of the LLC and not my name. I have been told that is ok, even though the properties will be in another state and not ...
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So I just finished up my first eviction proceeding. Tenants did not pay November rent, and the constable will be at their door at 9:00 am on Tuesday, December 3. The only reason it took that long to get it done i...
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Hi All,My first tenant in my first ever rental is nearing the end of their 1st year lease. I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to...
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Tenant signed a one year lease and breaking it in 6 months. Says her son was suppose to move in with her but never showed up. According to what she put on her Rental app. She seems to be able to afford it herself, b...
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I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...