Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Brandon Wells

Brandon Wells has started 11 posts and replied 123 times.

Post: Tenant Screening Without PM Software

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

If you aren't going to customize your screening criteria within management software, then you could use https://www.myrental.com/.

Post: Property Management Software

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

Appfolio is amazing for single-family and small multifamily units.  We use Entrata but all our large multifamily.  I've used the enterprise versions of both Yardi and Onesite as well and they aren't bad, but I like something with an open API and plays well with others.

@Sri Allen Elisha Drake is an expert on that market.  You should look her up!

Post: WellsWay Real Estate Estate Meetup - March 2021 - Indianapolis

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

Excited to announce that we will be having the one and only @Sterling Davis speaking at our upcoming meetup.  Come learn from someone who has been doing it at a high level for a long time.  Don't miss out on this opportunity!

Post: WellsWay Real Estate Estate Meetup - March 2021 - Indianapolis

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Lacey Hughes all the details are above in the event information.

Post: WellsWay Real Estate Estate Meetup - March 2021 - Indianapolis

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

Last month we focused on the data and resources that I use in order to identify a market for my multifamily investments.  This month we will be discussing it from a single family buy/hold perspective and talking more neighborhood specific data.

Don't miss out on an opportunity to connect, in-person, with like minded people.  My meetups are meant to add value to all experience levels and all niche's.  Looking forward to meeting you.

Bring a friend!

Post: WellsWay Real Estate Estate Meetup - February 2021

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

Come join us this Thursday while we catch up with one another.  This will be a structured meetup and that structure will be as follows.


6:30-7:15 - Networking

7:15-7:45pm - Speaker Presentation

7:45pm and on - QnA / more networking.

Each month we will have different speakers who have different focuses, but the main topics will be "Investment Criteria", "You locate a deal, now what?", "Deal Closes, now what" and "Business Plan has been executed, now what?".  These topics will be covered across multifamily Deals, Single Family buy/hold and single family flips.


This month, I will be the speaker and will focus on my investment criteria in regards to multifamily.  I will discuss Macro/Micro data that I look for, asset types and conditions and return %'s.  If time allows, I will provide some examples of underwriting techniques.


Looking forward to meeting everyone and offering value where I can.

Brandon Wells, CPM

Post: Property Management Recommendations in Indianapolis

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Veera Vala

What are you needing managed? If it’s 50+ units, I would love an opportunity to speak with you. If not, message me and I can make a few recommendations.

Post: Columbus OH City Council considers limiting Security deposit

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

I am referring to their permit process vs other cities. They nickel and dime the entire process. @Nicky Reader

Post: Tenant didn't transfer utilities in to their name.

Brandon WellsPosted
  • Property Manager
  • Indianapolis, IN
  • Posts 136
  • Votes 71

@Matthew Reid check your local laws, but here is how I handle it.

1. I charge their ledger back the amount of the utility bill. 

2. If they pay before month end, great.  However, if they don't and the next month starts, that is now legally considered "rent" not an utility bill.  I then will refuse to accept the current months rent unless they pay in full and show proof they switched the utility.

3. If they don't pay in full, then I can easily file for non payment of rent.