Edward Messer
Is 14% ever worth it?
I have a verbal quote for 14% of monthly rents for 3rd party property management. I know typical rates are 8-10, sometimes I've seen 12%. But could a PM be rock star enough to warrant a 14% rate? I just can't see t...
Braedon Page
Pros and Cons of STR Property Managers
Hey all,
I am the cofounder of a new property management group on Oahu. As I start this venture, I want to avoid the mistakes of other PM's and learn from those who provide and excellent service to their clients. I k...
Minka Sha
Sacramento Water Bill SHOCK
I closed on a fourplex in early June and just received the water bill and it's $711.40 for the period of June 5th to July 20th. This threw my math off. How can I get this under control??? Is this expected? I have a du...
Changseok Kim
Question regarding LLC structure and liability protection
Hi BP members, I have not given much thought about liability protection until now, but I recently started reading books written by Garrett Sutton, and cannot help having questions. (1) Does Michigan afford charging or...
Elena Z.
First life insurance - which ones have the best reputation in CA
Hello,I am looking to purchase life insurance for the first time in my life. From my law school classes I vaguely remember that whole life insurance is the bad one and term life insurance is the good one hahaha. I ne...
Richard Vang
tenant complain about rent increase
The first year, I advertise the rent $100 below market rent so that I can fill the place up quick. Indeed, the SFR was filled within a few days. So, after the first year, the rent is about $125 below market rent, so, ...
David B.
Large gap between competing construction bids
Hi everyone! Hopefully I'm dropping this post in the right forum. I'd be happy to repost if it needs to go elsewhere.We have 2 bids from companies for a small extension + backyard ADU project here in the San Francisco...
Brian Leonard
How to invest with little to no available cash
What's up everyone, I've browsed the forums but I haven't really seen any solid answers here.What I'd like to understand, is there a strategy (besides wholesaling) that I can use while having access to little to no ca...
Logan Williamson
Best resource for sending mailers
Hello BP community. I am exploring different options for sending out mailers. Does anyone have some input about the best company to utilize (e.g. Yellowletter.com)? Also, how much should I expect per letter? What is t...
Bill H.
Terminating a lease
Hello All,
I bought a property about 18 months ago with an existing tenant. I screened her and decided to keep her. She's consistently paid slow, but she's never been more than 2 weeks late...until now. I've lost ...