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10 July 2024 | 6 replies
This might help you get a bit of breathing room to address the bigger maintenance issues you mentioned, like the garage roof and leaning trees.It’s also important to find a support system, whether it’s other landlords who understand what you’re going through or a mentor who can offer advice and encouragement.
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8 July 2024 | 17 replies
>Lastly, I think the suggestion about encouraging the tenant to write a bad review about this PM is a terrible idea because you could get dragged into a business interference lawsuit for encouraging it.
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9 July 2024 | 197 replies
Please understand, I'm not putting down people having facebook pages to encourage each other in real estate investing , etc.
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9 July 2024 | 5 replies
I'd encourage you to speak to an attorney to make sure you are set up with good protection to cover any incident that may happen i.e. umbrella policy or increased liability coverage.
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10 July 2024 | 12 replies
If you jump into something before doing this - you're highly likely to get taken advantage of, or at best waste your time & money.Can't help with a coach:(Do recommend investing close to home if you can and then screen the heck out of PMCs with your expectations & goals to hire a good one.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
9 July 2024 | 22 replies
It's not repeatable for a new investor with zero knowledge or experience and I think it's irresponsible to encourage him to cash out equity and chase rainbows.
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8 July 2024 | 2 replies
@Richard Benjamin WilhiteRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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8 July 2024 | 27 replies
You're obviously dong some due diligence being on here and posting that question and I encourage you to continue your due diligence.
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8 July 2024 | 14 replies
The bad mark on the debtor's credit is sometimes enough to encourage a person to eventually make good on their debt.
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9 July 2024 | 8 replies
You'll need maintenance people, inspectors, agents to show the property, etc.RentRedi doesn't handle any of that.Regarding finding a PMC:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.