An Estoppel letter from a homeowners association is a document placed into file when a home or condominium is in escrow. The document states the seller’s annual fees for the homeowners association and indicates if the seller has paid in full or has fees due at the time of sale.
Real Estate is a lucrative investment opportunity. Rental properties in particular, can offer a high rate of return to investors. Does an investor who chooses to manage his rental property have the knowledge, experience, time and resources to manage it effectively? Can an investor, who is also the property manager, provide quality service to every tenant, while maximizing the greatest profit potential on his/her investment? Put bluntly, is taking on the role of property manager worth their time?