We now have another hopeless PM company in Philadelphia who have left our home empty for 3 months before doing a single thing. They are now only noticing things that need repairing. They started advertising for a ten...
As the title states I’m currently going to be looking for a new tenant. This will be my first time since purchasing my property and would like advice from the pros. I’d like to know what to look for when screening and...
I am working on trying to get 3 homes ready for rent. Probably have them ready to go by spring. One is in Northumberland County borough of Mount Carmel. Next 2 are in Schuykill county. 1 in Pottsville- maybe doing a ...
The standard rule for investors is to buy 70 percent of the ARV, but I've heard that inventory affects this percentage. For example, low inventory in the market might justify closer to 80%, high inventory could mean s...
I have a contract on a 4-plex. I offered $130,000, and that was accepted. The problem is that the appraiser valued the property at $106,000. The owners won't sell at $106,000 and offered to owner-finance the $24,000 s...
Hi,Me and my business partner are purchasing our first property and will be doing so from out of state. We have some concerns about property managers incentives, responsibility, and due diligence. It seems like there ...
This is my first multi family property and one of the tenants are moving out early. I found another tenants but I am unsure if i could use security deposit (from the tenants who are moving out) to pay for deep cleanin...
Hello everyone,
We have a tenant who had been renting our property in Queens for the past 2 years. They were NYC Fheps recipients but since they've moved in they have been a nightmare. They have not paid us their por...
Anyone know of a good management company in Dayton OH? I have 14 doors and am not happy with my current property management company and am considering switching to a new company or selling. I have a much larger port...
New investor with newly acquired 3 duplexes that are all renting below market. Curious on insight from experience on the best way to raise rents. Open to all thoughts as I get ready to send new leases. Looking to get ...