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5 January 2025 | 4 replies
@Amol KulkarniRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.
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19 January 2025 | 17 replies
Originally posted by @Sanjay Bakshi:I have approx 80 doors and am looking for some software.
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30 January 2025 | 19 replies
It's interesting that prior to the Great Real Estate Crash of 2008-2010, I'd NEVER heard of Flat Fee management fees.Not sure who the first company was that came up with them (post if you know!)
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6 January 2025 | 4 replies
As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.
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15 January 2025 | 4 replies
I’m currently doing research about up and coming areas such as this post as well as looking for local groups.
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13 January 2025 | 2 replies
I'm in the Tampa Bay area and I will put an ad on Craigslist, Indeed or post in a group on Facebook for AirBNB/STRs.
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16 January 2025 | 5 replies
After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.
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15 January 2025 | 3 replies
If you can post more of the details I’d love to give my advice!
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1 January 2025 | 6 replies
In addition, I would give the tenant information about the local place that handles rental assistance programs.