Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Ashley Kehr
Property Management Software
25 January 2025 | 4 replies
@Ashley Kehr have you used the Search feature here on BP?
Shea Gajewski
Young Investor Seeking Advice
25 January 2025 | 3 replies
I'm actively searching for my next investment and would appreciate any advice from seasoned investors and developers.
Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
You can also use online resources such as City Data to search demographics in the area.
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Mindy Perry
property management software and 1099 K
31 January 2025 | 7 replies
Yet the payment processor is issuing the 1099-K to the property management company.
Paul Whitney
1031 Cash Flow investor
30 January 2025 | 7 replies
It might help to eliminate the places you would not want to invest to narrow your search.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.
Leonard La Rocca III
Conventional Lending Out of State
31 January 2025 | 6 replies
The company yes, the loan officer no.
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
Similarly, quality dividend-paying companies often retain some earnings to reinvest in their business, increasing the company's (and your) value over time.