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Updated about 21 hours ago, 12/02/2024

User Stats

13
Posts
7
Votes
Heidi Thompson
  • New to Real Estate
  • Orlando, FL
7
Votes |
13
Posts

Padsplit insights please

Heidi Thompson
  • New to Real Estate
  • Orlando, FL
Posted

new to REI world. Just learned about Padsplit. Searched BP for a post on topic, and there was only 1 10 months ago. Does anyone have experience with it. 14% service fee...would that substitute for Prop Management fee, or do you still have to worry about tenants calling you for maintenance issues, etc. Do you put key locks on each bedroom to secure each individual tenants belongs? The site advertises prices/week. How much higher is vacancy allowance when running numbers? Just considering all options. Any insights are greatly appreciated.

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