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1 December 2021 | 4 replies
Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.
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5 November 2021 | 1 reply
These inspections typically take place with the occupying tenant present and may allow them to address concerns that you, as a property owner, may not have known about otherwise.You can also perform drive-by inspections without needing to coordinate with the tenant to address any concerns with the exterior upkeep of the property.Document It is always a good idea to document every interaction with a tenant and any and all work done during their occupancy of the property.
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8 November 2021 | 9 replies
Selling one asset to buy another that is a higher performer = who cares.
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16 November 2021 | 8 replies
Is it normal to task them to get multiple quotes?
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2 December 2021 | 5 replies
Even better if one of the residents of a MF will do the work for a discount and takes pride in it.If you honestly plan....or end up doing these tasks, how will you ever scale?
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6 November 2021 | 3 replies
You could always try to find someone on taskrabbit.com or fiver.com for simple tasks.
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8 November 2021 | 1 reply
Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.
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8 November 2021 | 3 replies
Does anyone have recommendations for software that is able to show financial performance projections for single family rentals?
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7 December 2021 | 9 replies
I have 6 years experience as a landlord on 3 properties now that have been excellent performers.
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16 November 2021 | 4 replies
We worry he will take any additional payment, not perform the work, not purchase materials, and not pay plumber (who can tie up our project permits).