So I own a triplex with 2 of the units being managed by a PM and used for Airbnb and myself living in the third and I have 20% equity. In the near future id like to move out and purchase another similar property but I...
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Hello,Currently dealing with my property manager on an issue regarding a lack of home inspections on the property over the last 2 years. Issue has come to light over last 3 weeks where I've requested for them to cond...
I am working with a new PM company out of state and below is the verbiage in their contract. Want to make sure this is standard. Liability of Property Manager: Property Manager shall indemnify, defend and hold harmles...
Did you set up an LLC to act as property manager? Does it shield you from liability? I've read a lot on NOLO that, in my state (Georgia), I am personally liable for all negligent acts I perform regardless of how my LL...
I am beginning to prepare for filing my taxes. I have not kept a good record of my hours. I have a full time job, but I feel like I've easily surpassed the 750 hour mark on my rentals and I probably have more like 10...
I've heard this concept mentioned a couple of times now about a Property Management Company taking a small piece of a deal that they manage for the owner so that they have "skin in the game." Is this sort of thing co...
Hello, I had a question about being seen as a real estate professional for tax purposes. If I'm "House Hacking" my primary residence does that count as hours towards my 750 per year?
I am looking for short term rentals in the Orlando area. So far I have looked at new builds like the Azur resorts, the Windsor resort and Solara. I do like the Azur resorts but looking for feedback from folks in the a...
Hello BP community! How is everyone doing?I need some advice on how to terminate my property manager for failure to maintain an occupancy system with the purpose of satisfying customer demands. My oceanfront studio un...