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30 October 2024 | 12 replies
Two things when being a business owner - hire right, lease right.
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30 October 2024 | 16 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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1 November 2024 | 22 replies
It doesn’t matter whether the use is under a lease, a service contract, or some other arrangement.Exceptions.
28 October 2024 | 6 replies
If the rent amount, due dates, etc. are specified in the lease, there’s no need to provide an invoice.
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30 October 2024 | 13 replies
They do have other options that you can add-on, such as electronic inspection reports, mailing services and e-lease (this one is included if you're a Pro member which I am not) but I haven't found the need for any of those services yet.
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2 November 2024 | 64 replies
No I didn't install a foam backer rod, wasn't aware of this item, thanks for the tip :)Floor was very clean but not perfectly level as the house is over 100 years old.
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29 October 2024 | 9 replies
These are the items to look out for with your tax professional.
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29 October 2024 | 10 replies
The property in combination with the local market has resulted in a very large # of applicants having section 8 subsidies.My company has only had a handful of section 8 tenants apply in the past but have never had any that ended up leasing from us.I'm looking for advice as to what questions should we be asking of section 8 tenants?
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29 October 2024 | 6 replies
Hello BP users,Real estate development has been on my radar for years now and I’m 80% sure I’m ready to get into that space.I’ve been a real estate agent for 6 years in residential, commercial leasing and multi-family off market sales.So what is the best way to become a developer?
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1 November 2024 | 34 replies
- Initial paperwork and chasing overworked caseworkers to process it, so tenant can move in- Helping the tenant complete & turn in their required paperwork to start the lease- Annual S8 inspections, which tenants often make difficult to schedule- Dealing with silly maintenance requests because tenant too lazy to change lightbulbs, etc.- Getting tenants to agree to rent increases and turning in all the required paperwork to caseworker, then, you guessed it, chasing them to process it- Dealing with the tenant's "entitlement attitude" that they don't have to follow the terms of the lease, so they move in other individuals and/or get pets without permission.So, a good PMC will charge something more to manage a S8 tenant/property - either a higher percentage or a one-time or annual fee.