23 July 2021 | 15 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...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-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

11 January 2022 | 8 replies
Garbage in, garbage out.

16 August 2023 | 3 replies
Sounds like you are talking about in park models so some things to consider are lot rents, garbage, utilities, and park amenities.

16 August 2023 | 13 replies
You also want to limit food, food storage, and food garbage within each bedroom.

28 March 2020 | 9 replies
HOA $188 (sewer, water, garbage included)

9 August 2023 | 6 replies
I've considered having a private fence built around it, but I'm afraid people will just put their garbage around the fence.,

8 February 2023 | 9 replies
Its very frustrating becuase I am sure everyone who works for the city, the courts, ect all got paid their salaries during whatever we want to call the last 2 years while there were not court cases, except to sue landlords for garbage tickets, but now if you asked them to work overtime or pressure to move faster to help clear the backlog of cases, they are lucky to get through the 10 cases a day they agree to hear.

15 March 2017 | 112 replies
Now, promoting the typical assignment garbage, the fact is sellers are NOT informed and have NO IDEA how much the person is ripping them off for.

10 August 2023 | 4 replies
Also I said Return on Asset removes all debt service, which is total garbage if you define Return as Cash Flow after debt service.

4 August 2018 | 10 replies
The seller told the tenants they would continue not to pay water / sewer / garbage, and then once the house was sold she had to explain that her agent messed up the lease agreement and now it's going to cost them several hundred extra per month to stay there.