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Results (2,662+)
Ryan M. Why do people use property management companies
13 May 2012 | 25 replies
2 main mistakes I see over and over with purchasers and property management.1.They buy a house either local or remote and put a manager in.With houses you run into this more than apartment complexes.You get brokers and agents that do management on the side to regular sales.They cut you A DEAL the turns out to be a nightmare.As soon as a sale comes along they drop watching your property for the small fee like a ton of bricks.Example you buy a 40k house for 500 rent and management gets 50 bucks a month at 10% of gross.I can't tell you how many calls I get when they use an inexperienced broker/agent to handle management to shave 1 or 2 %.Then when they get a bad tenant in they are hurting from their mistake.A full time manager has systems and checks in place to run it right.Just think about J Scott for example.Somebody that flips full time and has systems in place to have a positive outcome every time and minimize risk versus an occasional flipper that might do one a year and is winging it.The occasional flipper who was working for you or with you versus J Scott has the potential to make more mistakes.So you have to focus on what you get for what you are paying instead of just "this appears to be the cheapest!".
Tom Schober subject 3 financing
9 May 2010 | 64 replies
the guy needs to shave, cut his hair and not wear a college pot smoker shirt.
Norm Chrostowski How nice are your units??
3 June 2009 | 15 replies
Available in 5 gal buckets and we always have some in stock.Bathrooms, floor to ceiling tile, no soap dished in the bath, tenants sometimes use them to get out of the tub, or stand on them to shave their legs, and pull them out enough for water to get behind them.No bathroom window in the shower, it is a leak waiting to happen.The end result for us, is that when a tenant moves out, it is a quick clean of the tile floors, fix the holes in the walls, touch up the paint job, re-caulk where needed and the units look wonderful, immaculate, and rent easily.
Matthew Stover Help me understand this deal and 50%, 2% rule
28 November 2012 | 83 replies
I immediately double that and shave off two zeros.
Rob C. Rodent droppings scattered all over the attic- Dealbreaker?
13 October 2017 | 38 replies
Using some expanding foam will also aid in the sealant.To answer the OG question, is this a deal killer?
George P. Tenant calls about a leak in basement. .
14 August 2014 | 35 replies
I have one and could use some guidance in making it dry. jon, i know quite a bit about leaks and basements and i dont think your question was answered/addressed.here's a list of the things that you can do to dry a basement. not any particular order:- push the downspouts away from the house (effective)- grade the slope away from the house (not very effective)- french drain on the exterior of the house at the surface (lawn/dirt) level pushing the water into emitter (effective)- squirting polyurethane type foam every 8" along the crach.
Leigh Ann Smith Foam or Regular Mattress for Loft Bedroom?
1 August 2016 | 1 reply
I'm debating between a memory foam mattress or a regular one.  
Julia Rockwell Smoke/tobacco, is TSP under BIN necessary?
20 May 2019 | 1 reply
Mop walls with OdoBan (the deodorizer foam turns brown from the tobacco tar, so nasty).
Makina Turner Finding a Reliable Handy Man / Contractor
13 December 2016 | 19 replies
I yelled his name and when he picked his face up it was covered in wood shavings.  
Val J. Tenant wants to paint
4 June 2018 | 17 replies
By the way, I only allow colors others would enjoy; no black, deep purples or reds, sea-foam green, etc.My preference: when I have a good tenant and they want to add some color, I hire a pro (at my expense) to paint an accent wall in a color agreeable to the tenant.