All Forum Posts by: Joslyn Perkins

Something similar happened to me when I was in escrow on a home here in CA (same amount of EM). If there's no agreement by each party the money will sit in escrow until there's is a court order. The seller and I eventually came to an agreement and the money was disbursed accordingly. You and the seller should negotiate until you can come to an agreement (in writing) then present it to escrow for disbursement. This is too small of an amount to seek legal action. It wouldn't be worth the effort.

Thank you guys so much for your advice and insight. It is really insightful and helpful.

@Sean Tarpenning @Sharif Haleem @Christopher Johlfs @Darrell Thomas @Steven Bond

Hi ,

I'm about a year away from being able to purchase the first of several multi-family units. I'll be using about 30k from 401k and am looking to purchase buy and hold multi unit properties at $100K or less in Nevada, St. Louis Missouri and/or Atlanta areas.  One of my biggest fears and hurdles is management of the properties. Although I have friends and relatives in the areas mentioned above I can't lean on them for the day to day management and maintenance of my future properties.

How did you acquire your first property manager? Did your property manager handle maintenance issues or did you have a separate relationship with contractors/handyman? What has been your best and worst experiences as an out of state investor?  

Please shine some light on this CA blossoming bud : )