Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
Basically - I want a PM who keeps the property in good shape and occupied to get paid, and a PM who is either bad at maintaining properties and finding good tenants, or just really unlucky, to not get paid.- PM charges 8% of rent, which escalates to 10% if the property exceeds 95% occupancy with rent collection. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Randall Gonzalez
10K Club Jerry Norton - Who's in?
13 January 2025 | 18 replies
I paid for 10k program and paying 97.00 per month for addl info needed to be more successful.
Adrian Sopher
My Story; Life, Mistakes, and Opportunities!
19 January 2025 | 2 replies
I paid too much!
Gary Campanaro
Housekeepers want 50% without Cleaning
9 January 2025 | 17 replies
Her reasoning is that she put it in her schedule and she could have accepted other cleaning jobs.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
Borrowing against your paid off house without an income puts way too much pressure on the success of whatever deal/project you decide to pursue.
Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
Unfortunately, I have to answer unknown phone numbers due to my job role.
Chloe Salcedo
I don't know where to start or how to put my foot in the door...
13 January 2025 | 31 replies
@Chloe Salcedo investing in real estate is not a full-time job.
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
17 January 2025 | 8 replies
Are you still working the 9-5 job or retired?
Yun Han
Navigating Job Loss, Rental Property Challenges, and Growing Family
27 December 2024 | 4 replies
I’d say focus on getting new job and tending to your new family.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
A2: No, for labor only.Q3: I paid my GC via Zelle and my lawyer by credit card.