Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Esther Iroko
Tenants not paying rent
25 January 2025 | 18 replies
Call about 4 of them and ask them to explain how they charge and the process.
Dwight Henning
Management company recommendations
18 January 2025 | 4 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
The borrower gets the benefit of having access to capital fast and the lender gets the benefit of charging a higher interest rate and not having to pay taxes on the profit.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I did get lot rate for a similar rural park that is about 40 miles away, and they charge $350 per month, which is decent.
Tricia O'Brien
What Questions to Ask/Things to Look for When Interviewing Property Managers?
20 January 2025 | 2 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Ryan Dubendorfer
tenant request for lease addendum
3 January 2025 | 4 replies
For all you know it a violent situation and she could get a judge’s order and you pry couldn’t/shouldn’t charge then.
Steffany Boldrini
Seeking Advice: Issues with Jenny Yi, an STR Designer
4 January 2025 | 20 replies
.* Additional Charges: Jenny requested that I deposit on her checking account an additional $20-25k for her to purchase furniture, which I refused because I thought it was very strange, opting to give my card # instead.* Work Quality: Jenny never showed up to the house, she sent 2 people instead, she never mentioned she would not show up herself, she never asked for approval to send two others instead, they did not complete the job, and there were multiple unauthorized charges on my card.* Receipts and Expenses: Once I brought to Jenny's attention that we were 20k above budget, she refused for days to give me the receipts, saying that I needed to give her my credit card statement first.
Susan Sheraton
Service Link - THE ABSOLUTE WORST
11 January 2025 | 1 reply
They close hundreds of loans a month and charge you for any hold up on their end.