All Forum Posts by: Dan Dahlke

I have a tenant under lease until next April. He was a recovering alchoholic, currently back drinking. Would get drunk and text during the night sometimes to 3am. Said we weren't going to allow it, so now he emails when drinking 5-10 times a day. I dont want to deal with this (self-manage) for another 8 months of his lease. Do I have a legal way to evcit based on harassing messages? Or what are my options.  

I invest in central Wisconsin in a small town (Wautoma) that is not really growing and the cash flow for us is worth it. In my opinion I think you should absolutely hold onto them. IF there's equity in both, you might have the option to cash out refi (if the loan and rates make sense), still cash flow but have the money in hand to continue to invest. Obviously depends on the numbers and how they work out. Are you currently in Wisconsin area or moving in from out of state?

Leaving for a deployment in July and looking to hire a property manager. What should I be looking for when searching for one? Typical fee seems about 8%, but what should I expect that 8%  to cover on their end? This is brand new territory for me and want to make it easy on the wife and family when I'm gone so they don't have to worry about the rentals. All properties (and me) located in Central Wisconsin.

Third Party, not large enough for internal employees as of right now.

Hey Everyone, we are up to 7 doors (2 STRs) which I self manage. Wondering at what point or number of doors it makes sense to get a property manager for. Seems like with the additional 3 doors we just picked up its an awful lot to try to keep track of all the random stuff even when things are running smooth. Not sure whether or not it's worth it cost wise either at this point in our investing career. I know as I look to buy more places that it's not going to get easier either. Thanks for the help! Investing in Central Wisconsin if that makes a difference to anyone.