Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Coleman Nelson
Tips on Setting up New Property Management Company
My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
Isaiah Williams
Is paying a consultant with no license commission even legal?
OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...
Julie Meche
Investor from out of country looking for turn keys
Hello everyone! I've been reading this website since January and I find it to be a gold mine!I'm a female, 26 years old from France (and living in France). I had the opportunity to travel a lot and meet wonderful peop...
Mike S.
Struggling with sellers that are not highly motivated
My direct marketing has primarily attracted sellers with "mild" interest in selling or sellers curious about what I would pay for their property. The intention here is not to create a discussion about the qu...
Josh Cochran
Syndication Veterans: My 1st deal, fees too high?
Hello wise syndication veterans, I need your help as I evaluate my 1st syndication, $100k investment.**The Deal: 244units, Houston**What do you think of these fees, fair or a little over-the-top?- Acquisition Fee - 1%...
Mikaela Casey
Property management in long distance vacation rentals
I am looking to buy my first long distance vacation rental. I have done research and found a few property management companies in the city. I am wondering if this is the best route, or if a service like vacasa makes m...
Sonya Antrobus
Why shouldn't I do all the work myself?
To date, we have flipped 2 houses and purchased 3 rental units since June of last year. The most recent rental purchase is not ready to rent. My husband does most of the work but it is taking so long. I've tried ev...
Kevin Byrne
Turnkey success
I have recently bought one single family residence from a turnkey provider in Indianapolis and am looking to buy another one possibly in Memphis or elsewhere before the end of this year. I was hoping to hear from inve...
Jon W.
Detroit Land Bank Authority
Hello BP,Has anyone rehabbed a Detroit property under the supervision of the Detroit Land Bank Authority. I am considering a property but do not know about all of the hoops that you need to jump through in order to k...