All Forum Posts by: Philip Johnson

Thanks for the reply. They are on the lease together. So I will just serve the one. Im going to have a process server post it on their door. They like to play games so this should help.

Any other advise with the notices in the covid era ? I'm giving notices on three properties so I can sell them.

I'm selling few properties off and that 15 percent down payment on traditional loans just seems so high. Looking on advice of how to stretch that 350k as far as possible.

I don't see how to delete my post i had a typo in the subject

3 people signed a lease.  2 of the 3 people moved out.   1 person is left at the house who lives there.  I am using a process server to serve the 60 day notice, who do I serve?

The tenant may have told me in writing that the other people moved out, but I do not believe they did.  

American home shield has paid for itself. I have another post here with more details about how the service is well worth it on rental properties.

https://www.biggerpockets.com/...

Thanks for the advice! Luckily your first few steps are much cheaper here than they were in California where I just transplanted from. 

I'll check out Buildium, how does it compare to Appfolio?  Do all of these have monthly fees, or are they based on the number of accounts you have? 

 Thanks, but I prefer my philosophy.  If I took your recommended approach of over-worrying about details to investing in real estate, I would have zero properties, and would still be lost in the weeds.  I would prefer to be thrown into a pool and learn how to swim, then to be taught how to swim and put my life on hold.  More people would have businesses if they just started one, and then refined and become more legitimate as they went along.  Why invest 100's of hours in something if 90% of businesses fail within the first year?  Better to try it, then get your ducks in a row if you like it, and actually get business. If there's a way to legitimately be a co-manager, why not do that first? I live life on the wild side, for example, I go outside without a mask on.  

Kenny, thanks for the post. Can you please elaborate a little bit on this, I'm in the state of Connecticut. I have six years of PM experience and see no reason to put my business idea on hold, I would prefer to start now and worry about the details later.  How do I become a "Co-manager"... ??? TY !!! Any ideas on where to look for restrictions on this in the state of CT?