
1 December 2021 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

12 November 2021 | 7 replies
Try to get in the habit of watching investment properties that come up for sale and run the numbers and then see what they sell for to get an idea of the going "price per monthly rent" that you can expect, both on single-family and on small multifamily.Regarding a lender, call around to local banks and credit unions and tell them your exact plan and ask for their terms sheet based on your income, credit history etc.

8 November 2021 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

28 November 2021 | 9 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

9 December 2021 | 3 replies
Hi,If you are planning on holding the property long term.I would bring in a professional engineer or company that specializes in this sort of stuff and have them do a survey, report and written instructions as to exactly what should be done to permanently rememdy the issue.This is a big problem in JC so I am sure that there are people out there that are well versed in this sort of stuff and what the best solutions are.Perhaps reach out to local insurance companies to see who they have paid out to in the past to repair these sorts of issues or write reports on the findings.Problems like this have a habit of coming back again and again along with the cost to fix it.So it might be worth shelling out the money to get it done the best way possible so that you can.
12 November 2021 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

13 January 2022 | 6 replies
Bankable usually means habitable enough to not have subject to's after appraisal.

17 November 2021 | 6 replies
At the end of the day LL needs to keep the property in a fit and habitable condition and make any necessary repairs to do so in a reasonable amount of time.

28 December 2021 | 3 replies
As for self-growth in human relations and productivity, The 7 Habits of Highly Effective People by Stephen Covey is excellent.
21 December 2021 | 3 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.