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5 June 2024 | 1 reply
Single bath houses are both harder to rent and sell then 2 bath houses Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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5 June 2024 | 3 replies
Ideal for me.The only issue is structural issues; the agent recommended that I go with a FHA 203K loan.
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5 June 2024 | 9 replies
What percent earnest do you recommend?
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7 June 2024 | 4 replies
Sending good karma and warm, fuzzy vibes for anybody interested in sharing recommendations on my questions!
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3 June 2024 | 4 replies
Good Day Bigger Pockets Family, I'm sure this request has been put out there before but can someone please supply me with a lease template I can use for tenants in the Philadelphia area?
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5 June 2024 | 2 replies
Please share recommendations on where to buy basic furniture (sofa, chair, end tables, coffee tables, dressers for bedrooms,etc) that will last through the years but also be reasonable.
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5 June 2024 | 10 replies
It's interesting that many of these VC-backed PMC's, despite having 10k+ properties under management, aren't doing well financially - one of them just merged with another industry-related company also not doing well.Just for fun, here's a partial list of PMC expenses that owners pretend don't exist:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why something is taking so long, and more & more & more...OBSERVATION: many owners only want to pay a flat fee or 50% of a month of rent as a leasing fee - without realizing the repercussions.
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2 June 2024 | 6 replies
I'm setting up our basement apartment as an Airbnb and need a recommendation for a reliable cleaning service.
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6 June 2024 | 3 replies
I highly recommend you educate yourself on how to handle problems before the problem is a problem.
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5 June 2024 | 3 replies
I did this a few years ago and it still looks good as new, but I recently read that its not recommended to use fix-it-all on the exterior of the home because it can absorb the moisture in the air and further rot the wood.