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16 May 2024 | 11 replies
The majority of cases I am hearing for bringing pm in-house today are actually due to the contrary.
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17 May 2024 | 21 replies
@Faisal ZamanI would suggest accepting rent payments only by money order or cashier check to avoid issues with returned payments.
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15 May 2024 | 5 replies
I would prefer to self manage to avoid the high poperty management fees (I think its around 10% + 1 month leasing fee, etc.) and I also worry that the property manager will likely not be as dilligent in finding high quality affordable vendors, etc.I see 4 major pieces of work1) Tenant finding: I feel comfortable doing this remotely.
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17 May 2024 | 6 replies
I compete with the major PMC franchises in Denver: Real Property Management, KeyRenter, Renters Warehouse, etc.
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16 May 2024 | 5 replies
Based on my experience, the better I plan it out, the less issues I faced in the field.
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18 May 2024 | 15 replies
If not, that's on you.I would've paid him a more fair amount and got a soft & firm estimation on completion, and priced him to do it on the quicker of the two with no workmanship issues.
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16 May 2024 | 2 replies
You need to stop or it will just get worse and then you will be back here with serious problems.You need to politely, yet firmly, tell her that she has gotten too demanding and that from now on she needs to handle everything herself...except major problems like non-working appliances.
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17 May 2024 | 3 replies
Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?
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18 May 2024 | 11 replies
I think the biggest issue is they all start with a "Cash invested" amount and I have no idea what mine is at this point so I am lost out the gate.
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17 May 2024 | 14 replies
I’m concerned that it’s a fire or safety issue?