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21 January 2025 | 6 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.
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17 January 2025 | 4 replies
@Timur Salikov How would you compare the Westwood neighborhood to where yours is?
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16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
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17 January 2025 | 19 replies
Would be great to have more to compare with what I already have quotes from.
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22 January 2025 | 3 replies
They said this is an older home, and has had some minor renovations but it probably would need some form of work if comparing it to the fully reno homes in that area.
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27 January 2025 | 10 replies
I bought lots of umbrella insurance.I'd recommend you talk to a local attorney and compare services and fees with Anderson.
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28 January 2025 | 6 replies
In Philadelphia the fundamentals are strong: leading industries/employers are in the Education and Medical fields which are known to be stable, proximity to NYC and DC, national airport, port city, affordability compared to mid-atlantic predecessors.
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22 January 2025 | 9 replies
It’s growing fast, has good schools, and offers affordable homes compared to Houston.
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6 February 2025 | 19 replies
MD is bad compared to Ohio where piercing the corporate veil is a myth - applicable only where the owner (even 100%) has committed a crime or fraud.
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6 January 2025 | 31 replies
Can they be more hands-off compared to other types of businesses?