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8 January 2025 | 11 replies
**Tenant Screening**: The Section 8 program will cover a tenant's rent, but that doesn’t mean you should skip tenant screening.
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23 January 2025 | 56 replies
Well no return phone calls.
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24 January 2025 | 42 replies
After multiple phone calls and emails, I delivered the following email regarding my PreREO note purchase: Hi Karen,Any update on this?
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20 January 2025 | 22 replies
Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.
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11 January 2025 | 15 replies
Quote from @Jackie Liu: Hello BP member, I have a friend who currently owns several SFH rentals that is currently managed by a PM in Indiana, according to them the PM has been unresponsive for 3 months, all their attempts to reach the PM has been uneventful (phone, message, etc.).
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7 January 2025 | 8 replies
A PMC is the ONLY one that will deal daily with your property.Here's some copy & paste advice on hwo to screen PMCs: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.
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9 February 2025 | 36 replies
Also, $200,000 of one of my investments has never shown up on the K-1, and no one answers my emails or phone calls to correct it.
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19 January 2025 | 46 replies
Calling on the phone is usually useless as they'll tell you to come in.
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23 January 2025 | 20 replies
@JD Gunter I agree and should add that I spend 2-10 hours on the phone/zoom with each applicant before I let them into the program.
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11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.