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All Forum Posts by: Weston Saunders

Weston Saunders has started 1 posts and replied 5 times.

Quote from @David Ramirez:

Hiring a property management company


 Was that your solution? How was your experience? Because in my experience most property management companies don't do much. They are just another bill to an already slim margin.

Quote from @Nicholas D'Andrea:

Can someone assist with the rental permit in Philadelphia as this is the first time applying (used to be a house hack I did not apply for the permit). Any guidance would be fantastic!


 OMG i did this for a couple of my clients. they changed the way of doing it so many times.

BRIT needs to be done first (pay every bill, trash, tax etc.)

Lead safe cert next

then apply on eclipse.

if the property had a rental license from before you need the affidavit of continue use. if not you need proof of use.

then just a deed or HUD

Lastly the rental supplemental form.

Quote from @Pat Hamilton:

@Drew Sygit I did not hire the cheapest PMC.  This is one of the biggest ones in Philadelphia, they take 8% and charge for every little thing.  They are awful with maintenance, but are excellent at collecting fees :)

I wanted to provided a bit of an update:

I tried to contact the inspector but it is impossible to get through by phone. The property manager gave me a huge estimate to fix the issues, which I promptly paid, but it is still taking them forever to finish the work!  The city inspector apparently came out to the property 4 more times and cleared some of the violations (I'm getting this information from the city website, not from anyone else).  I'm in the process of evicting the tenant, apparently it takes a long time in Philadelphia.


 I am sorry to hear that. This is such a common theme in Philadelphia. A lot of property management companies really do very little. It is still up to you to make sure every paper work is done properly and every code is followed. A lot of investors thinks hiring a management company is the solution to their problems. From my experience unless you are dealing with the person onboarded you, you are just a number to them. You should always get your own estimates as well, management companies tend to put a fee on top of the actual quote.

Hey guys,

One of the biggest challenge I have as an investor is dealing with maintenance and turnovers when a tenant moved out. I didn't mind the call but looking for the right people to do the work and coordinate was difficult. My solution was to start a company doing just that. What are some of ya'll solutions to that problem?

Quote from @Angela Torres:

oh gosh! is Mill Creek really that bad? I got a rental near 46th and Lancaster. What are the odds that this is a big mistake? 😩


 You should be okay. 46th and Lancaster is being developed rapidly. In fact I would say it's good.