
25 January 2015 | 18 replies
Let me explain in more detail.For Buy and Hold investors, does anyone make >$100 of cash flow per hour worked doing RE, this includes searching for deals, leads, paperwork, tenant screening and selection, talking to agents, soliciting repairs, screening contractors/electricians, PM, phone calls, escrow. etc.Same question for flippers, lets say you average $30,000 profit on flips and each takes 4 months, including every single hour you spend on RE and that deal, do you spend less than 300 hours total on that deal?

4 December 2014 | 11 replies
We've been using the BP tenant screening tool with GREAT success.

7 December 2014 | 5 replies
I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.

3 August 2021 | 11 replies
Take a screen shot of the power outage on the electric companies website and send it as proof.

6 August 2021 | 20 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each don’t cover.

31 August 2021 | 9 replies
This was the safest option for me to get started because I learned how to screen and place tenants, write leases, manage maintenance requests, and analyze my rental cash flow while living for free.I think if I started by jumping into a rehab on my first deal, I could have either been taken advantage of, or taken too much risk that would have slowed down my progress long-term.

24 December 2018 | 6 replies
But here are some key points that I would like to add:The builder will handle dealing with the property managerBuilder will verify tenant screenings Builder will choose all paint and finish choices on property (Because I have a vested interest in the property, I would like to go with my proven strategy on colors and finish selections.
30 April 2019 | 20 replies
Just get down to McDonalds and buy a big bag of McRibs (at least 10 of them), then go home, set your big-screen TV on some quality programming to expand your mind -- like QVC 3, pound down those McRibs as quickly as possible, and sit there on your sofa for the rest of the day.The answers will come to you.

10 December 2022 | 5 replies
For the next set of residents just up your screening criteria.

15 May 2022 | 27 replies
You bought it for a reason and I’m guessing that summer is your peak season, so get it active and screen your guests as you typically would and let the bookings begin.