
5 May 2024 | 15 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.

5 May 2024 | 3 replies
This includes details about the current market trends, investment opportunities, challenges faced, property management considerations, and any other factors that may be pertinent to someone considering real estate investments in these areas.I am open to any advice, suggestions, or recommendations.

4 May 2024 | 8 replies
Here is a summary of the book.https://www.nateliason.com/notes/long-distance-real-estate-investing-david-greeneThe book also mentions the importance of having a rockstar Realtor, contractor, lender, and property manager.

6 May 2024 | 19 replies
A PM robbed me and my partner of $40K, including two months rent and security deposit.

5 May 2024 | 2 replies
I have some San Diego STRs and MTRs and will say we had the slowest off season since the Great Recession (not including COVID lockdown times).

5 May 2024 | 2 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

6 May 2024 | 65 replies
When you start to have buildings fully depreciate and others that were bought so long ago the depreciation is hardly a blip on the screen you come to realize the importance of feeding the machine.
6 May 2024 | 11 replies
Mold requires water and a food source (dust is sufficient), so it's important to find the source of water and stop it.

5 May 2024 | 7 replies
This includes quiet hours, laundry uses, backyard uses, etc.