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4 January 2025 | 18 replies
Everyone wants to share their negative stories about Property Management Companies and then make the leap to bashing ALL PMCs!
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14 January 2025 | 329 replies
You don’t need a judgement, but not sure how effective it would be: https://www.rentrecoveryservic...
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13 January 2025 | 45 replies
- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)
4 January 2025 | 5 replies
Just remember: most negative reviews are written by problematic tenants.
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3 January 2025 | 3 replies
2.What are the best and most cost-effective solutions for managing this potential long-term issue?
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7 January 2025 | 16 replies
In Portland for example we are not allowed to increase rent more than once in 12 months, and it must be less than 10% increase in "effective rent".
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29 December 2024 | 7 replies
But he stuck with me I had a 1 mil credit line that they kept in place so I could make money it was on 90 day extensions for 3 years :( but if they had not done that I would have had to give them the keys back on a few commercial buildings I ate 250k negative cash flow on those buildings to make sure the bank got all their money..
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4 January 2025 | 12 replies
The only problem with selling while occupied is that I have a huge negative cash flow.
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2 January 2025 | 29 replies
So far, I've rated Evergreen and FCI lowest based on a number of reviews on different platforms that have consistent negative reviews mentioning certain specific issues that I find concerning (this is after accounting for the inevitable disgruntled customer/borrower who gets unjustifiably upset).Are you able to share any of your information?
3 January 2025 | 8 replies
Just remember: most negative reviews are written by problematic tenants.