Chalawndra Jones
Hiring property managers!
6 May 2016 | 7 replies
In both cities, the firms I selected are the ones that didn't just answer my questions, but collected information from me ahead of time (property locations, valuation, current rent roll, etc.) and came to me, unasked, during our first meetings with not just their credentials and "sales pitch", but a specific plan for how they would transition the properties, and more importantly, look out for my long-term goals (eg; in the case of raleigh, we have several units renting under market value and the firm came to me proactively with a plan to get those units up to market rent or higher over the next 3-5 years).
Aaron Liu
How to Buy and Sell Wholesale Real Estate in Florida
1 June 2015 | 1 reply
You will be able to get all the right observation and the details about the select market and location.
Mardochee Pierre
City-by-city look at house prices, as San Francisco surges again
1 June 2015 | 0 replies
BUREAU CHIEFShutterstockHome prices in Denver are up 10% year-on-year.Here’s a city-by-city look at house prices, as the S&P/Case-Shiller 20-city composite showed a 0.9% monthly gain for March and a 5% year-on-year gain.Note that the cities are those selected by the Case-Shiller report, and that major metropolitan areas including Houston and Philadelphia are not included.CityMonthly gainYearly gainAtlanta0.8%5.4%Boston0.4%4.6%Charlotte0.9%5.8%Chicago0.9%3.4%Cleveland0.4%1.0%Dallas1.8%9.3%Denver1.4%10.0%Detroit0.8%4.2%Las Vegas1.1%5.7%Los Angeles0.8%5.5%Miami1.0%8.7%Minneapolis0.9%3.0%New York-0.1%2.7%Phoenix0.6%3.1%Portland1.1%6.9%San Diego1.3%4.8%San Francisco3.0%10.3%Seattle2.3%7.5%Tampa1.4%8.1%Washington0.8%1.0% Seasonally adjusted, the March home price gain was an even stronger 1%.
Marco G.
DFW Property Manager/Management Co - Terms?
2 June 2015 | 12 replies
I pay 7%, full months rent for finding a new tenant, flat fee ($100) for processing a renewal, and half-months rent if the PM manages (eg; gets multiple bids, contracts out the work, etc.) any turn-over repairs, or I can do that on my own.I've got 10 properties with them and average 2 vacancies per year, so my effective rate to them is 7% of rent-roll + 2 months rent + $800 + 1 add'l month rent (2 x 1/2) for managing turnover repairs.
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
5 June 2017 | 113 replies
I don't advocate for big government, I'm just in the reality of having to live under it so that I'm less exposed to its effects. :)Did you miss my comments as to your location?
Nikki Robinson
Bandit Sign Marketing Results
21 January 2018 | 46 replies
. :)So that leaves four good leads - all who understand I don't pay retail but still want to sell.I'm pretty excited about the response from "bandit signs," which are actually just yard signs in my city; they're legal.I posted this because lately I've noticed more generally negative opinions on bandit signs and their effectiveness.
Brian Kraft
What to Do--Brand New Tenant Wants Out for Medical Reasons
3 June 2015 | 16 replies
We have an "early move-out options" sheet that we give tenants who bring this up.They select the option they want and sign and date to make it legally binding.You can outline the desired options in the document, but I would at least charge her for rent up until the date that the new tenants move in.
Tanya Braun
Buying and selling Condos
1 June 2015 | 3 replies
Hi @Tanya Braun I haven't looked at Vancouver market lately, but just talking to others and living in lower mainland if you are looking for appreciation in price than I would say the right neighborhood makes all the difference here since there are neighborhoods that are completely getting redeveloped, but with the city looking at implementing new rules that will effect foreign investors not sure whats going to happen.
Jeff Schafer
New Rules for No-Down and Low-Ratio Canadian Mortgages
2 June 2015 | 1 reply
This is said to come into effect by June 30.
Samuel Wynn
Learning the site
3 June 2015 | 7 replies
These are my recommendations for starting out on the site:Start with the "Learn" tab at the top of your screen and select the #ASKBP option.