The daughter of a father/daughter outfit told me that had bought the building a year ago and had a solid year of NO renters.

Its the smaller guys who give you better prices than a big outfit who do the verbals.

I mean if someone is making a huge profit margin they could offer even more.I have heard of outfits offering 2 years on maintenance and rent in Detroit lollolWhat would be the cut off before you can feel comfortable that the guarantee is genuine without thinking your getting ripped off on purchase price?

Question #1:Short answer:yes, usually.Longer answer:It depends upon the model that is being used.There are models, i.e. predictive tools that forecast various outcomes.Some models predict the likelihood to become 90+ Days Past Due (DPD), to declare bankruptcy in the next X moths, to open a retail credit card, to open a bank card, to open a premium bankcard, to revolve a balance, to pay down debt . . . . well, you get the picture.Most often closing a credit card does hurt one’s credit, i.e. depress a consumer’s score, because the credit card’s available credit is removed from the denominator (all credit available) that is used to calculate utilization, the mix of credit card changes (esp. negative if the credit card is a higher-end card), and one’s credit history is shortened (assuming the closed credit card has been open for some time).Question #2:The quickest way to increase one’s credit score is to use of the many outfits one sees advertised, i.e. credit repair, credit fix and one will usually see a quick bump.However, like eating candy when one is tired, one gets the sugar rush (the increased score) but there is always a crash (when the bureaus catch up to this questionable practice).

In addition to myself, @Michael Sherwood is in Buffalo and has a property management outfit as well.My number one recommendation, even if you don't work with one of us, is to always make sure you are working with a licensed and insured group.

WE use one outfit to provide all flooring tile work cabinet tops.. they provide all materials and give us one bill.

The broker I used had an obscure name but clearly gave no indication of a fsbo outfit.

I'm sure it's the same outfit because the listing agent's name is always the same.

If you were to hire a licensed, insured, and bonded company for every job you did or needed to do I Think you would go broke pretty quick.I know plenty of Carpenters, Plumbers who work for big outfits who also do amazing work on the side to supplement their income at a fraction of the big company costs.

With a small operation, where the investor is pinched for time, this could cause a situation where contractors cut corners (more than normal...) and work quality decreases creating a bad situation.But for a larger outfit such as yours with a PM that can be present more often and act as quality control, do you think such a program, or similar, could work?