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.Â
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."Â
14 December 2022 | 6 replies
I contributed to the cause and am active in other local STR advocacy groups.Â
9 January 2023 | 11 replies
Let us know what causes you fear and anxiety about managing your own properties and we can help you solve the problem.Looking forward to some great questions.Â
23 December 2022 | 7 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.
29 December 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.
8 January 2023 | 40 replies
That was caused by three big phenomenons, 1.
6 January 2023 | 11 replies
The problem is there are several owners who provide housing to these tenants causing problems and these owners just see them as a rent check unfortunately.
11 January 2023 | 15 replies
This caused stress, headache, lost opportunity to pull cash out and buy another property, lower rate and save $$.Now here comes 2022, I am seeing a very similar pattern that is starting to arise in the commercial loan market, BUT what has me really concerned for borrower that locked into a DSCR loans that many borrowers locked into @ 7,8,9% rates with a 5%, 5 Year pre-pay or even a 5,4,3,2,1.Â
11 January 2023 | 2 replies
Is there anyway I could go by splitting the water bill between them depending on the number of people in a unit, or would that cause issues between me and the tenants (assuming it is new tenants like you proposed)?