David Lee
Looking for a Property Manager in Columbus
5 May 2024 | 15 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Michael Lee Gundersen
Looking for a property management company in San Antonio!
3 May 2024 | 14 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Alexandra Joy
Tenant asking for personal favors
4 May 2024 | 35 replies
In this case, I don't see the harm in helping out a neighbor.
Andrew Terry
The Strategy Game
3 May 2024 | 12 replies
. ($650/mo total) is kicking butt for zero dollars invested.There’s certainly no harm in repeating that 9 more times.
Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
3 May 2024 | 33 replies
I’m willing to bet most investors here would not do something like that for fear of harming their reputation.
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
2 May 2024 | 41 replies
Yes, if they get injured in your workplace, regardless of whatever, it will be on you.
Becky Wong Kaplan
Mold mitigation for SFR when tenant won't let you access the property (Calif)
28 April 2024 | 7 replies
The tenant needs to prove that mold caused harm despite it being present -right?
Nathan Gesner
What is the hardest part of DIY management?
30 April 2024 | 28 replies
@Nathan Gesner 1) if you’re investing with a spouse make sure both are on board for self management or it will harm the relationship. 2) it’s a business, not a charity, so if you’re susceptible to hard luck stories from applicants/tenants, don’t self manage. 3) water heaters, heat and a/c, plumbing only seems to break down when you’re finally on vacation, so have good contractors in place who will go on your call and let you pay them from out of town.
Albert Yamoah
So I went to Lifestyles Unlimited here in Dallas...
27 April 2024 | 21 replies
All I can say is that there are memberships that cost tens of thousands of dollars.What I tell people is find a local investor and take them to a nice lunch for 30 bucks and see if it goes well. 30 bucks no harm no foul. 25,000 to a membership not working out possibly is a huge deal for many.
Don Konipol
Why I will no longer answer questions from the unknowledgeable
29 April 2024 | 113 replies
I think the issue comes frankly when the advice is bad and/or harmful to the audience which is obviously subjective, but someone going on a podcast and telling you how to do a 1031 well to me is a lot different than telling people how to invest in real estate using “other people’s money” or sub-2, I also think the site needs to consider the broader effect on the public with some of thier strategies, for instance I’m not opposed to people buying “off market” if it’s done ethically and with everyone being on the same page, but you tell a broke 22 year old to buy “off market” and they are going to take advantage of old people, I’m not totally confident biggerpockets even understands its own audience, I used to host a real estate meetup, I had to stop because it was literally meeting after meeting if me taking some 22 year old kid out of doing something either stupid or often borderline illegal, it wasn’t fun after a while, but like that’s the core bp audience at this point more so than people like me & you.Thanks for those kind words all.