Asim G.
Extra Tenant Fees charge by Phoenix Property Managers
14 January 2025 | 5 replies
Is this standard for most major property management companies.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
The standard legal procedure, as far as I understand in NC is the landlord must make reasonable effort to re-rent the property (which I will), and any vacant time till new tenants are found must be paid by previous tenants.
Katie Camargo
Are home warranties ever worth it on rentals?
17 January 2025 | 4 replies
In my market, I only have one vendor qualified for appliance warranty work, and the warranty companies paid him half his standard fee for each service call.
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Leon George
New to BP Community
21 January 2025 | 12 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Luis Acosta
Rental lease agreement
10 January 2025 | 4 replies
They often provide standardized lease agreements that comply with state and local laws.Additionally, many landlords use platforms like Avail, Zillow Rental Manager, or TurboTenant, which often include customizable lease templates that are state-specific.
Dallas Morioka
Using Seller Financing to Buy Primary Home
22 January 2025 | 3 replies
My main question is whether it makes more sense to go the seller financing route and pay off the principal in 8–10 years or stick with a standard 30-year loan.My thinking is that the tax deductions from a mortgage wouldn’t outweigh the potential equity I could gain over those 8–10 years.
Spencer Ware
Retired NFL Player 2x SB Champ
23 January 2025 | 47 replies
They wouldn't be coming to you.So you can get a gold standard investment advisor and give up .5 to 2% of your return, or you can send the money to one or more huge index funds like Vanguard 500 index fund and sleep well at night.But if you think you have something of value other than the generic value of money, you will be sorely disappointed.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.
MIchael McCUe
running a blog on my website
19 January 2025 | 4 replies
Patio door prices can depend on the Model of Patio door you are looking for, for a standard 60x80 in white it will cost $1900.00 colors can be added, and for a patio door 72x80 the cost will be $2100.00 Outswing for a 60x80 will cost $2600.00 installed, and for an outswing 72x80 it will cost $2700.00 installed outswing with Grills for a 60x80 costs $1860.00, and an outswing 72x80 will cost $2300.00 installed.You also add blinds to all sliding and outswing patio doors for an additional charge.