Naturally, real estate is a risk when it comes to flipping, renting, STR's, whatever. Minor risk, but investing is a risk. That being said, there are a lot of drawbacks when people are looking to get started. Me perso...
How to Find a PM – Six Qualities You Should Look For:
1. Look for Experience
Experience is a big plus in many industries, but it’s crucial in property management.
After all, you’re entrusting your property in someo...
I’m to the point of needing to transition from y current PM and I think it’s time to try self management. Does anyone have some SOPs they’re willing to share?
We Purchased this mobile home park June 27th of this year. One week ago a tenant who owns his mobile home, is being charged with Murder of his girlfriend. This did occur in the park. I have no idea if I should make a ...
Anyone offer cash for keys, get them to accept and have them sign a return of possesion form. Then change the locks and don't pay them a dime.This tenant has a $4800+ balance and the judge just awarded my mother $1700...
Hi All,
I'm new to the forum and looking for info on foreclosing a tax lien. I'd like to do it myself if possible. I have 2 tax lien and that are in Pinal county. This will be my first time but I think is doable if I...
I have to use the entire security deposit to cover lost rent. The invoice for rent is created. If I just issue a credit memo how do I DR the balance in the tenant security deposit? I don"t want to create an "item" ...
I'm in a situation that's slightly more complicated than the average sale and need some advice. I'm in escrow to sell a duplex in Pasadena, CA. Included in the sale is a set of approved building plans for a 5 unit c...
I just purchased my first rental property and am currently looking for a tenant. I was wondering what I should give the tenant as far as a move-in package. Like common maintenance, maintenance requests paperwork, et...
Hi
Bought a 2mil buidling last year with family members under a Limited Liability Co. and I am looking to sell "shares" of the LLC to another family member who wants in.
So 'cash out' a bit, if you will...