Carl W.
Tenant Personal Items
3 July 2024 | 13 replies
I feel like I need to stay and supervise every second to make sure personal property is protected.
Gerry Cohen
DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
10 July 2024 | 256 replies
In cases where there may be imminent harm to other Members or the public, the Ethics Committee may recommend action without first affording a Member an opportunity to respond, provided that after an action is taken the Member is still afforded an opportunity to be heard and have any action modified.All investigations, whether upon complaint or initiated by the Ethics Committee shall be conducted by the Chairman of the Ethics Committee or under his or her supervision.
Aubrey Ford
To handyman, or act as my own GC, or spend for the GC?
2 July 2024 | 26 replies
You do not need a general contractor to supervise.
Bradley Jernigan
Virtual Assistants for property management
29 June 2024 | 6 replies
It would take more of your time and efforts when it comes to training.Second option is to go through a Property Management Virtual Assistants company, they would have trained VA's with supervision and experience.
Jon K.
How much do you pay for drywall guys?
1 July 2024 | 58 replies
As always, if you hire a cheap bid, be prepared to supervise.
Frank Greg
GC: Average Total Labor Cost on New Build
27 June 2024 | 62 replies
The way the laws are written in some states, it doesn't seem you can just hire an 'employee' to supervise the project.
Arda Bircan
Material participation hours for STR Tax Loophole
27 June 2024 | 10 replies
Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision
Leslie Cunningham
Hello BiggerPockets Nation!
25 June 2024 | 4 replies
Supervise them to ensure they stay good, and have policies and procedures in place to nip problems in the bud before they grow into something bigger.If you travel a lot, or don't have a lot of knowledge/experience/time, then you should hire a property manager.
Zachary Sales
Need advice on tenant vacancies
24 June 2024 | 7 replies
You can learn a lot about California law and better supervise your PM.
Juliette Olsen
Self manage or hire property management, that is the question?
20 June 2024 | 23 replies
When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.