
16 June 2024 | 4 replies
You could use some of the rent collected in the duplex to increase your income basis.

20 June 2024 | 245 replies
Other people like in BP just want to collect rent and do FIRE when they're 31 LOLif not because of high tech military industry including aerospace/naval industry, high tech industry and dominating US dollar, USA almost has no competitive edge anymore in the world except these three things....

17 June 2024 | 26 replies
Your property manager is the only one that will tell you the truth, “No I won’t manage that property” and have to put their money where their month is when it comes to how much money you can collect for rent, clientele, area, etc.This is an ongoing relationship, and a good manager can refer you to other contacts.Ask for referrals.

15 June 2024 | 11 replies
I am unaware of any state that does not allow you to collect advanced rent, but I am not an expert in all states.

16 June 2024 | 8 replies
A handful will allow it as long as you are not collecting significant additional income from it.
15 June 2024 | 4 replies
Over the last year and half they been sporadic with answering emails/calls and not on time with their scheduled owner payments and not getting monthly statements that show funds collected/expenses paid.

13 June 2024 | 9 replies
They undergo regular training and stay updated with industry trends, laws, and best practices, ensuring high-quality service.Access to ResourcesNARPM provides its members with educational programs, legal updates, and networking opportunities, enabling property managers to handle any situation effectively and offer informed advice.Efficient Tenant ManagementNARPM property managers excel in tenant relations, from screening and lease agreements to conflict resolution and evictions, ensuring stable rental income and minimized vacancies.Legal ComplianceNARPM property managers are knowledgeable about landlord-tenant laws and regulations, ensuring compliance and protecting you from legal issues.Maintenance and RepairsNARPM managers have reliable contractor relationships, ensuring timely and cost-effective maintenance and repairs, along with regular property inspections.Time and Stress ManagementBy hiring a NARPM member, you delegate daily management tasks to a professional, saving time and reducing stress.Financial ManagementNARPM property managers handle rent collection, accounting, and financial reporting, providing detailed and accurate financial statements for informed decision-making.Marketing and Leasing ExpertiseNARPM managers use proven marketing techniques and platforms to attract and retain tenants, ensuring quick rentals at optimal rates.ConclusionChoosing a property manager is crucial for any landlord.

13 June 2024 | 31 replies
They say it follows your setting for Airbnb which is set to automatically collect taxes.

15 June 2024 | 13 replies
Looking for a property manager and think I have found one but wanted to make sure his fees are in line with the norm:9% of all rent collected.$100 placement fee when securing a new tenant.10% markup on all vendor contracted maintenance and repairsDoes these numbers sound like they are in the ballpark for Midwest/Indiana?

13 June 2024 | 25 replies
We have 4 townhouses east of 75 & Haskell (West of Ross), Built ~ 2007. Good condition, 100% occupied. Monthly rent in the ~$1.5/sqft range. I'm currently also the property manager. I'm a professional in another u...