Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Mica Moore Property Management Company choose expensive vendor without approval
20 March 2024 | 11 replies
They sounded great but then actual contract said must use their window cleaning or blind cleaning company at $40 per window per year or their lawn service at ridiculous rates.
Veronica Brawley Operations Manager Union Company
19 March 2024 | 3 replies
It seems like it is so much easier to work with a company than to try and do it ourselves.  
Matthew Masoud Hot take: Personal booking websites for your STR are Mandatory
22 March 2024 | 22 replies
For reference, I am a PM company owner with around 70 listings. 
Andy Terra Looking for an LCAM
22 March 2024 | 2 replies
I need someone who's familiar with FL Statue 718, as well as someone who has experience in managing properties of this/similar size, is versed in contract negotiation with vendors/service providers, & is a more hand-on individual.For context, the condo already has a property management company.
Ricardo T. Should I sell to scale the value of portfolio
22 March 2024 | 13 replies
If you will only have time for one property consider a really good management company for your current properties (assuming they’re in one area) so you can concentrate on your family and one new place just to keep your hand in.Pay for the new property by offering second place interests in your current properties in addition to a first on your new property.
Brett Ford Registering as a public utility
22 March 2024 | 0 replies
I work for a company that owns around 100 parks and of course every state is different with regulations, but overall just looking for the pros and cons of registering
Eric Rosiello Ski Area Rentals - New England
22 March 2024 | 20 replies
Look for a location that has attractions beyond skiing, such as hiking, biking, or water sports.Rental management: You'll need to decide whether you want to manage the rental yourself or hire a property management company.
Lucia Rushton Cityfund through Nada
22 March 2024 | 4 replies
A few things they mentioned were solar partners, pool company partners, roofing partners, etc.
Jonathan C. Losing money on turnkey property. Should I sell?
24 March 2024 | 19 replies
Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed. 
Logan Cooper First Rental Property
22 March 2024 | 4 replies
As a PM, we have the UDs filed with the owner's name as Plaintiff DBA our company name, because any judgment received should be owned by the owner, not the PM.