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29 August 2023 | 4 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 DO NOT cover.
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26 August 2023 | 2 replies
Howdy y'all, wanted to start making a habit of reading the forums and participating.
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19 October 2020 | 11 replies
That worked for me since I needed the time to work on getting my already-purchased replacement home habitable and move stuff gradually.
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21 December 2020 | 3 replies
Otherwise, it is pretty easy, fill out a form at the beginning of the lease and at each renewal, comply with the inspection once a year and meet the habitability standards.
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31 August 2022 | 6 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 DO NOT cover.
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31 December 2021 | 7 replies
@Jimil-Anne Linton- Sounds like you have some good habits working for you.
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4 September 2023 | 2 replies
.-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issues).-- I intend to put it into service as a rental, possibly a STR, which seems to generally drive a 39 year depreciation schedule if I understand it correctly.I understand prior to the property being put into service, most rehab costs need to be capitalized.
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27 July 2023 | 237 replies
The key is I didn't change anything different with my spending habits.
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17 June 2023 | 79 replies
I don't like speaking from feelings and opinions, but forced, my gut tells me Fed is going to "telegraph" potential future rate hikes to condition consumer habits, to keep inflation in check for pent up demand, but pause on actions as has now.
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2 September 2023 | 4 replies
I am looking to convert the garage into a habitable unit.