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13 August 2024 | 14 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
15 August 2024 | 33 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
13 August 2024 | 4 replies
It's no guarantee but it's a good place to start.
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14 August 2024 | 1 reply
Yes been issues 70 calls to get policy on a Colorado property with National Forest on 3 sides and treed.
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16 August 2024 | 3 replies
He has a good job but no savings built up.
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14 August 2024 | 26 replies
I have more issues with prospective owners calling and saying they have a house they cant rent and want to use Section 8.
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14 August 2024 | 12 replies
I've taken all the major options to consideration such as book keeping, accounting, taxes, payments, maintenance/trouble calls, price of software etc.At this point, I'm looking for the most balanced option that will best help protect myself and my assets.
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16 August 2024 | 8 replies
In the end this kept their payment the same, I pocketed more on a monthly basis (difference that manager had been stealing) and I have had someone make timely payments for 5 years with no repair expenses on my part.
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13 August 2024 | 3 replies
Trust me when I tell you that you don't want the "mentors" that respond to that small post with no background.
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16 August 2024 | 9 replies
Obviously, if they have a credit score above 800 and a clean background check, I would tend to trust them more.On the other hand, if you have a property management company, meeting the tenants in person means they have your contact information and may call or text you before contacting the property management company.All best, Phillip