Residential Property Management/Expert Profile


Ask A Question

Expertise

I can answer basic beginner questions like "How do I get started buying my 1st rental property" and "What to look for when taking an application on a tennant." "Here`s what capital I have to work with -- what are my options?"

Experience in the area

I started purchasing rental properties in 1995 with my husband, part-time, while working a full time job. We started with very little seed money. One year we purchased 11 single family units. Recently we bought 5 properties in 2 months. We purchased our 1st small apartment building in 2004. I am now managing our units and doing property investing and management full time.

Publications

My Husband and I have written a book for the new real estate investor, "Weekend Warrior's Guide to Real Estate Investing", published by Tate Publishing. Can be purchased from TatePublishing.com or Amazon.com. Have been published in Real Profits by Carlton Sheets and Discount Buyer's Association monthly magazine.

What do you like about this subject?

I love looking at houses. The new, the old, the good, bad and the ugly. There are limitless ways to get creative and do a deal. If you want to be in this business -- there's a way! Go for it!

What do you still hope to achieve/learn in this field?

We are building our own real estate seminar training course and began giving presentations in early 2006. We sell private coaching. (Email for more information.) Check out our new book "The Weekend Warrior's Guide to Real Estate." Our goal with our rental properties is keeping tenants longer, collecting rents timely and easier and at the same t

Something interesting about this subject that others may not know:

You can invest your own IRA or 401K money into real estate. In some cases the gain is absolutely tax free! Really!

Something controversial or provocative about this subject

The horror stories that you hear about tenants tearing up a house do happen, but they're rare. Screening up front saves a lot of headaches later.


This expert accepts donations:      

Average Ratings

Recent Reviews from Users

Read More Comments

    K = Knowledgeability    C = Clarity of Response    P = Politeness
UserDateKCPComments
Kenneth05/18/12101010Thanks for the reply anyway!
Miss Susan Wilson05/17/12101010Stefani, thank you! This helped increase my .....
xy04/17/12101010Hi, Stefani, thank you for your kind .....
Jerry01/07/12101010Thanks
Kim 12/06/11101010Stefani is very helpful

Recent Answers from Stefani Nachatilo

2012-05-18 Flats:

I'm sorry I will not be much help to you on this issue.  As far as I know, we don't have flats here in Oklahoma where I'm located, so I know nothing about the term or what it connotes as far as rental

2012-05-06 Rental House Search?:

Sounds like you've done a good job searching.  Our first source is craigs list.  Second would be online classifieds in the location you're looking to rent, in this case the Waco Tribune.  You might try

2012-04-18 Management Plan:

I sorry I cannot answer this question.  We have been in business for over 16 years, and I've never had to do a management plan - ever for any reason.  Also, I would advise, that the property management

2012-04-11 Managing own property vs property manager:

Hi Johnny -- Here is a link to the regulations, from the Oklahoma Real Estate Commission.  http://ok.gov/OREC/documents/License%20Code%20&%20Rules%207-1-2007.pdf    The law is in place to protect you,

2012-04-07 sec 8:

Hi xy - First let me apologize for my tardiness in answering.  I've been away from my email for the last week.  I'm familiar with the section 8 program and imagine its requirements are similar in all states

 

Ask A Question

Residential Property Management

All Answers


Answers by Expert:


Ask Experts

Volunteer


©2012 About.com, a part of The New York Times Company. All rights reserved.