Andrew Self
Mortgage Lenders for LLC
18 January 2025 | 11 replies
That being said, the vast majority of mortgage products available (primarily DSCR) to LLCs are still going to consider your personal credit in the underwriting process.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
I started communicating the details to the current property management company which has a great reputation.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
Some key qualities to look for include:- **Responsive communication**: A PM company that keeps you in the loop and addresses issues promptly- **Local expertise**: Knowledge of the Birmingham market and experience with Section 8 tenants.- **Proactive maintenance**: Regular inspections and quick resolution of maintenance issues to keep tenants happy and properties in good condition- **Transparent reporting**: Clear and detailed financial reports so you know exactly where your money is goingIf your current PM isn’t meeting these standards, it might be worth exploring other options.
Miguel Garcia
Out of state investing
14 January 2025 | 5 replies
You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.
Grant Woodward
Pool liability mitigation
30 January 2025 | 12 replies
Yes, agree with the above:--good communication with your insurance company--liability insurance-- fencing, signage and safety measures in place
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
A good manager will handle tenant communication, security deposit transfers, and ensure a smooth transition for you.Changing managers doesn’t have to be difficult—following the agreement and partnering with a competent new PM will help you get things back on track.
Nick M.
Michigan Sales/lodging tax collection and payment
16 January 2025 | 7 replies
I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…
Brandon Morgan
mistake in lease! what to do?
11 January 2025 | 5 replies
Clear communication is key here.
Rachel H.
Unresponsive Tenants - Help!
4 January 2025 | 4 replies
Yeah, under any other circumstances, I'd suspect that, but I'm certain based on past communication that they are simply no longer responding.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
I've been primarily focused on Detroit since 2019, and it's been quite the ride.Out-of-state investing has its pros and cons.