High fee 8% / 10%, they are the most reliable companies in most cases, sometimes the leasing model is to hire local agents that gives a better marketing on your property to reduce vacancy rate, and when offering betted vendors they have the best prices.2.

I bet when you do that they will be willing to renegotiate and/or be more forthcoming.

@Chaim Mal, that’s a great question and one a lot of first-time investors run into.From the tax side, having the property in your name versus an LLC doesn’t really change how you’re taxed.

I think we're in a buyer's market here in Austin for the next 1-2 years at least if you were to ask me to make a bet on it.

5) For electric & gas, get proof tenants have set up accounts in their name BEFORE giving them keys.

The couple is older, and they are having trouble betting into the standard bathtub/shower.

I have done some online research and few names were referred by many investors.

Yes this is very common to have the PM company pay the utility bills when vacant and keep some in their name while billing back to tenants too.2.

In Northern Virginia, you are mostly betting on long-term appreciation rather than strong cash flow right away, so ideally you’d want to plan to hold the property for at least five years for it to make financial sense.

If someone is putting 20% down and interest only that is better long term bet than a 30 year loan at 97% financing.