Anything over that could mean that the property is overstaffed, or it could mean that management is delivering a very high level of service such as in a luxury property that has a doorman and all sorts of staff that you don't typically see in garden style apartments.

We'll eek out a 10% cash on cash but will convert a half bath to a full bath to increase the value substantially.

Hello everyone, I am very excited to become a part of the real estate community.

But might help others avoid this pitfall…when a mortgage is transferred between banks, I’m learning they don’t record a lien release with the county. 

Maybe it's down for a minute?

Yes, unlikely, but there is a chance to collect. - They have a working relationship with the court personnel, which always helps. - They know the process cold, so shouldn't make a newbie errors. - They are arms-length. 

Specifically, a team member of his wrote, "You are required to issue 1099s to contractors you pay over $600 in a year.

When the lease renews, send them a new one with your company name and terms.

A little biased here, but Branson, Missouri is a hidden gem.

Love that you started a property management business.