Mark Urich
Property Manager Lowering Rent Without Contacting Owner
Hi everyone,
While looking over a monthly statement I realized there was a security deposit paid indicating a new lease had been signed. I called the property manager and they indicated that one side of the student r...
Daniel M.
Seeking Advice on Tenant Placement for New Duplex and Managing Commission Expectation
I'm seeking some insight and advice on navigating a situation with a duplex we are closing on in a few days; one unit is vacant, and the other is occupied. Our friend and real estate agent, instrumental in this acquis...
Jonathan Saft
Hiring a property manager vs. doing it yourself
I am running analysis on different multi-family properties in the South Philadelphia area as part of a plan to house hack a duplex or triplex. I am planning on living in one of the units for 1-2 years before moving, r...
Athena Lei
how to select good tenant when using property management
Hello to all pro landlords,We use property management to manage our rental. Our current tenant (selected by our current property management and we didnt get a chance to choose) has not been paying rent for few months...
Jack McGeehan
HOA - Virginia Eastern Shore, Deed in-lieu of Foreclosure Transfer
At the end of 2009/start of 2010, MLG Communities of Wisconsin quietly transferred $75+MM in properties to the M&I Bank of Wisconsin. Included were 3 developments in Accomack County on Virginia's Eastern Shore. ...
Andrew B.
Property Management From Out of State
I'm currently living in the Midwest which as people know has a lot of cheap houses available, many of which can make good deals. However, I'm not a huge fan of living in the area, and plan on moving on in a couple ye...
Gaurav A.
Passive Co-GP|As an Individual or LLC| Recommendations & Reasons
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
Catherine Javier
Keep, refinance or sell?
Hello everyone! Asking for your expert opinion. Any thoughts are appreciated!We bought at $212k, we put 20% DP used DSCR(~45k because it was appraised at $206k).
Some of the updates we did: changed roof& hvac,...
Carleton C.
Disagreement with property manager
Last year, I hired a property manager as I was getting married, finishing grad school, and starting a new job (had self managed before that). Things went okay for the most part, besides some accounting errors on their...
Tom Suvansri
Property Types to Target
As a new investor looking to buy and hold, I'm still trying to determine which property types to target initially. I'm sure it could differ by market, but in general which property type would be best to start to get ...