Glen Michael
Owner onboarding requirement to provide financial documentation
3 November 2024 | 8 replies
@Glen Michael we charge an onboarding fee to owners, which they ALWAYS complain about, but they don't want to undertand why it's so important.We use the funds to check:1) Ownership: we verify property is actually properly deeded to their name, LLC, etc. - We've found issues where owners was NOT on the deed and was scammed- We've also had to patiently explain to owners that since an LLC owned the property, that the management contract had to be in the LLC name and we needed proof they could sign for the LLC.2) Property Taxes: we make sure we know the status, to avoid tax foreclosure issues.- Took over several properties for an out-of-country owner last year that we're in the midst of tax foreclosure.
Ananth Subramanian
Advice needed: Problematic tenant moving out!?
4 November 2024 | 13 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
Steven Mendiola
How Hard is it to Find Tenants?
31 October 2024 | 18 replies
It's definitely more common up there (Gilpin County where the regs say you can camp for 30 days with a camping permit and neighbors are typically less likely to complain/ code enforcement is less likely to notice and enforce).
Jamaal Smith
My monthly tax payment increased by a $600
29 October 2024 | 15 replies
The appraisers are professionals and usually undervalue your property by about 15-20% just to avoid people complaining too much.
Jamie Dupont
Rochester NY LTR Tenant 4K damages
31 October 2024 | 17 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
Josh Wells
Property Management in Brownsville Texas
28 October 2024 | 4 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
Kuriakos Mellos
Dilemma: Save up to buy 1 more or begin paying down properties more aggressively
30 October 2024 | 11 replies
I could have easily had double the portfolio I now own, and while I'm not complaining by any stretch of the imagination as RE has been very very good to me, it slowed my progress down significantly when interest rates were excellent and I should have been more willing to use leverage.
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
It's easy to complain from the cheap seats, so in go, to the front row!
Matthew Drouin
The FED Just Hit The Panic Button
28 October 2024 | 15 replies
And if they only had done 0.25% rather than 0.5% then doomsayers would be complaining they went too small and that also means a bad economy ahead (and "take off the party hat" as you're saying now).
Francis A.
In fast-growing Phoenix, higher rents have pushed more people to their financial limi
30 October 2024 | 4 replies
It appears the percentage of people living this way is growing and the internet is giving them an easy way to constantly complain, "woe is me".Unfortunately, politicians are starting to pander to this segment of the population for votes.Unless something changes, morally-challenged politicians will give more and more government subsidies to these people (to get re-elected), increasing the national debt until the country defaults on its debt.