
8 December 2021 | 14 replies
So, for these cases, I try to have a clear mind and get the best out of it.You are right, they are not inventing the wheel, and they say so, what they are doing, is just spreading information, educating people, gaining credibility and once they have prepared the land, they use it in their advantage and if they do not harm others, it should be ok.

4 December 2021 | 2 replies
Hoping someone out there has some good news for me cause this condo needs some work.

25 December 2021 | 23 replies
You might not get far and you'll more than likely lose the contract given how hot the market where you're at may or may not be.What's the issue though that's causing you to want to renegotiate?
4 December 2021 | 2 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

8 December 2021 | 7 replies
When renting open units, I would expect them to be aware of issues with the property prior to a new tenant coming in so if they leave we will be aware of any damage they caused.

4 December 2021 | 8 replies
You've just caused an unnecessary problem for the seller of that loan.

5 December 2021 | 16 replies
Trying to get a manager to work outside of the systems and processes they have in place for every client but you may (may not) cause issues, even if they agree to it.

5 December 2021 | 61 replies
I am tracking my returns based on cash flow numbers only (for conservatism reasons - I look at appreciation as icing on the cake).A little background:The underperforming units are all part of a small multifamily compound in a lower income neighborhood that I purchased in 2018 that looked great “on paper” but after tracking their performance for a few years, experienced less than expected returns due to one issue or another that has cropped up (more capex up front, tenant that I couldn’t evict for 10 months through covid, multiple vacancies causing turnover costs).

5 December 2021 | 6 replies
Existing tenants are more likely to resent you and cause problems, or they'll be unable to afford the increase (despite their best intentions) and get behind on rent.2.
6 December 2021 | 4 replies
My scenario is complicated to me and causing me great stress and my wife things everything is fine.