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10 August 2021 | 9 replies
We don’t know anyone in the area, but you might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesAdditionally, don't treat property management like a commodity and just focus on the lowest price!
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29 March 2016 | 80 replies
We give them multiple ways to contact us(Phone, email, text)We put the fear of god into them about what happens if we have to file eviction:If you force us to use the court, expect the following:** $114 court filing fee** $250 per hour attorney fees, typically 2-4 hours = up to $1000** Sheriff will deliver court eviction papers to your home and workplace.** Your names will appear in the newspaper as SUED FOR EVICTION** Your credit report will show an eviction, making it difficult to buy a car, higher insurance, higher utility deposit** Court ordered garnishment of 25% of gross incomeWe tell them we aren't mad at them, and we know times are tough..
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23 June 2019 | 22 replies
I agree with Jay H. on the point that many new and naive investors jump into this and potentially do harm to sellers.
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4 February 2023 | 10 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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4 January 2023 | 2 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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9 January 2020 | 15 replies
On top of that, you have access to the expertise to a whole nationwide network of other agents through the Workplace platform where you can easily connect with other agents, get involved in trainings, etc.
2 January 2020 | 23 replies
most of the folks that I know that are pretty well off have paid for assets. if your in growth mode then leverage is necessary.. but once you get to a number of doors you like.. and if your not living off of your positive cash flow I see no harm in paying down debt with your cash flow.
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5 February 2023 | 4 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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30 November 2022 | 5 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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3 February 2023 | 13 replies
The same day it happened we offered the tenant, a hotel for her and her pets, close to her work place, for 1 week maybe longer.