Sarah Rosko
Handling Delayed Move-In Complaints
22 November 2024 | 12 replies
For instance, if the neighboring unit has a shut-in chain-smoker, or the house has railroad tracks behind it, it is definitely better to let a lead know and lose them than to not disclose, upset them and lose them (after they leave a nasty review).I'd agree with Jonathan that even late complaints need to be taken seriously, and barring some obvious malfeasance, I would just take the word of the resident and fix the issue.
Kenneth Johnson
Literally any advice to getting started would be appreciated.
18 November 2024 | 12 replies
Focus on getting your finances back on track first—start saving and work on building your credit score.
Benjamin Mudd
Hello from Saint Louis, Missouri
13 November 2024 | 4 replies
Welcome to BP, sounds like you have a great track record and future!
Ana Carini
Payment Processing Options for Cohosts
22 November 2024 | 2 replies
All funds process through various channels but the PMS (with trust accounting which is very important) keep track of all the funds and then we disburse monthly to the owner.
Karl Kauper
Worst-Case Scenario Eviction - Massachusetts
21 November 2024 | 10 replies
Once in, they could pay rent for a few months until you feel everything is perfect, which then greases the tracks for them to tear your life apart.
Roy Logan
3rd year Real Estate Investor / Landlord
20 November 2024 | 7 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.
Rich Thomas
Termite Infestation in Townhouses: HOA and Man. Co. not organising fumigation
24 November 2024 | 1 reply
I don't understand how you can't track them down.You could stop paying HOA dues, and that will force them to contact you.As for the PM, I would instruct them to hold off on painting until the termite issue is resolved, which includes providing you with contact information of the HOA board.
Chris Lee
Mixing MTR and STR, and value of having a direct booking website
19 November 2024 | 1 reply
That’ll give you flexibility to automate and integrate workflows as your needs evolve.A direct booking site is a nice-to-have down the line if you want to save on platform fees and build a brand, but starting with platforms like Furnished Finder or VRBO is a solid way to keep things simple while you’re getting started.Good luck—sounds like you’re on the right track!
Anish Koshy
New and exploring Syndications
24 November 2024 | 4 replies
I invested in a syndication, but it was with an investor that had a long track record.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
24 November 2024 | 82 replies
Notice that I'm not saying "Sponsor who makes me money" or "Sponsor with great track record".