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All Forum Posts by: Rebecca K.

Rebecca K. has started 3 posts and replied 40 times.

Hi David. I'm still with PARC. I meant to type "may lead me to a new property manager." The turnover was so fast and it appeared that it was very important for property management to get the unit rented asap. I have another property that hit the one year mark and I will wait to see what happens (whether the tenant stays or not, and if they leave, how much the turnover will cost). 

Also, they charge extra to have a year-end inspection. All other property managers I have had, include this service in their property management service.

PARC is awesome. My only complaint is that they collect one month of rent for tenant placement. Also, the turnover cost me my entire investment in the property, however, they have been collecting money from the old tenant. The turnover was really quick, but the high price of leasing me send me to another property manangment company.

To note, JWB charges one month's rent to place new tenants.

Hi @Susan Steele. I recently became a Public Notary and have been wanting to work as a loan signing agent. I became a Notary Public specifically to sign loans. I'm a little nervous about doing it properly so as that I don't get sued, but I'm curious to know who your mentor is? And how the process has been going for you? I was thinking about signing up for the Signing Agent course on National Notary Association. Thank you.

Post: JWB opinion or experience

Rebecca K.Posted
  • Gilroy, CA
  • Posts 41
  • Votes 21

Run away. Run away as fast as you can. Tenants moved out during lease and rental was vacant for three months. Also, they way undervalued my real estate taxes, and now, the rent just barely covers my mortgage. With a turnkey company, you should be collecting rent money as soon as you own the home, you don't with JWB. I am using Saint John's Properties and Lenger Financials. Much happier. 

Post: JWB Real Estate Capital

Rebecca K.Posted
  • Gilroy, CA
  • Posts 41
  • Votes 21

Haha. The drama that keeps on giving. One of the properties I bought through JWB had its property taxes increase from roughly $900 to $2,500. When JWB sold me the property, they gave me just the proposed tax liability of the the land because it was new construction. Novice move on my part, but sleazy on their end to entice a new buyer. I hate giving negative reviews but this issue popped up past the time of transitioning away from JWB to new management.

Hi Steve.

How is that court repayment schedule going?

Yes, I am going to be on my pm to initiate eviction court proceedings. In addition, their slowness to take action has me thinking I may switch property management. Thank you for your contribution to your thread.

Hi Randy. Thank you. Yes, I was aware of the late rent and it was a mistake on my part to be complacent. However, I am learning. I'm a little hesitant to fire the pm at the moment because I am obligated to pay them management fees for the amount of the lease (2 years). Although that may be different, since they have not collected all of the rent . Glad to hear your situation turned out for the better. :)

Randy, that’s what I’m thinking as now, if I’m understanding correctly, the past rent is a part of their bankruptcy and they only have to pay future rent. I have a property in California and my PM said they file eviction notices within days Of missed rent or some other kind of warning.

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