All Forum Posts by: Rashid Khalil

 i will try innago

i am trying to find a platform that can help communicate with tenants and keep a record of my responses

Currently getting texts on my personal phone from tenants  

they are missing tenant communication function i think

do we need to register as PMC in texas if managing your properties that are under a trust? ChatGPT suggests it can be considered 3rd party ownership 

very insightful thank you

 I have been on Baselane for 1 year, i have 10 properties on it, like the book keeping/banking / rent collection, etc. But the Tenant screening i tried was very unimpressive, missed key information. 

protect assets from me and me from assets. Less honey to attract the bees

yes i agree land trust are very important tool.

when you sign lease as manager of PMC, do you write your name ? 

so far this is as far as i got 

1. Privacy with land trust using a 3rd party nominee trustee service (that may hold 100's of properties) will unlink the properties from one another. This is step 1. It can kind of make the case less attractive for contingent lawyers.

2. Cash Stripping by liens will be next.

3. Beneficiary ownership of the trust in WY-registered LLC (no member or manager info on public record) will help restrict the liability to the only property owned by that llc.

4.  liability coverage and umbrella policy 

5. A property management company to deal with leases and tenant. This is costly for already cash flow -ve properties. struggling to figure out a better way for this privacy step.may be just create my own PMC LLC an manage all thru one company.

Please share your experience and recommendations for tenant screening software 

also general preferred platform for rental management (stessa / avail / baselane / turbotenant etc)

Thank you 

WY based LLC is anonymous.