13 November 2022 | 5 replies
They are technically not guests anymore and cause additional wear and tear to the property
12 November 2022 | 4 replies
I'm transitioning to other states without the unfair "just cause" and other anti landlord laws.
28 December 2022 | 11 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.
26 December 2022 | 10 replies
You could be over-leveraged, get hit with a major repair and no cash to pay for it, a vacancy for 2-3 months, or even a bad tenant that causes your life to be miserable while costing you thousands in losses . . . and the market price drops 10% on the property and takes some of your equity.As you gain experience, you can afford to take more risk.
26 November 2022 | 5 replies
I’m afraid that the rising costs of everything ar causing me to have to raise your rent as well.
9 December 2022 | 4 replies
Is it going to cause any legal action?
10 December 2022 | 11 replies
A major cause of downward cycles is the overtightening of credit.
28 December 2022 | 19 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.
10 December 2022 | 4 replies
Hey Nicholas,I suppose I was referring more to the impending recession which will cause some pain to current homeowners which my lead to many who cannot afford their new mortgages.
9 December 2022 | 7 replies
There's no harm in saying, "Hey I'm going to Amazon some of the specific things I want put into the home, let's set up a system for package retrieval, quality control, and installation."