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17 October 2024 | 1 reply
Many investors start with a variety of insurance carriers to manage different properties.
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14 November 2024 | 10 replies
If it's not included in the rent, many companies charge a flat fee to monitor & pay utilities.2) Assuming you're referring to resident benefit packages, renters insurance, and other charges for services the PMC offers to tenants.
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15 November 2024 | 1 reply
When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)
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14 November 2024 | 8 replies
Welcome to the group!
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15 November 2024 | 3 replies
The other option would be going to local investor meetups and asking those who attend for good references.
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14 November 2024 | 6 replies
I had another person try to bargain me down to $1700/month, and said she was moving out of her dad's house and so needed room to store boxes in the extra bedrooms.
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14 November 2024 | 8 replies
It might be a value-add for prospective tenants to know there is a mechanism in place to leave early.
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14 November 2024 | 25 replies
@Jared Smith Been to Millington.
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14 November 2024 | 13 replies
What will it cost to buy the property, how much will it cost to rehab (to include how long it will take), and what will it realistically sell for?
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16 November 2024 | 1 reply
conventional How did you add value to the deal?