Jonathan Perez
Trying to sue my home insurance company but they’re out of state
Im trying to sue my insurance company for unfairly paying some things and they are out in TX. I’m in Columbia SC. They hire a third party company to handle my claim which is here in Columbia. I would think that I woul...
John Liaaz
Why do bigger multifamily buildings use third party management?
I notice a lot of large apartment buildings in my area (Toronto) are being managed by third party property management companies. Why would a company that owns a building like this decide to outsource management instea...
Cherilyn Jorgenson
PM Contract questions
Hi All,
I need to sign a new PM contract for a MF property I own out of state (CA). I have some issues with the terms of the contract and would love to know what is "normal and customary" verbiage and if there mat be...
Babatunde Onadele Jr
Smoky Mountains - Vacation Rental Design
Hi All, my wife and I just closed on a STR in the Smokies (Pigeon Forge) and are looking for recommendations of rental design firms to interview. I would appreciate any suggestions anyone can offer. Thanks
Jonathan Johnson
When is an on-site manger is needed for Apartments?
Hello BP,I'm looking at a 100 unit purchase of 2 buildings. One of the opportunities I see in the apartment is they have a lot of staff.The management on payroll is as follows: Maintenance at $19.50/hr; Part-time main...
Stephen Kunen
Renovation question for commercial building
We are doing a lot of work on a 6 unit building in Allentown, PA. As of today, we realized that since we opened up walls to do the electric and plumbing work, we need to get a building permit. Because it's a commercia...
Neil Aggarwal
Texas rule allowing use of a third party RMLO?
Hello:I am trying to find statutes that allow a lender to hire a third party RMLO and not be licensed themselves.I found a statement from HUD on it in this document:https://mortgage.nationwidelicensingsystem.org/SAFE/...
Paul Lee
Questions about self-managing a property
I'm in the process of closing on a multi-family unit that I'll be owner-occupying and self-managing. A lot of the feedback I've received from more seasoned RE investors is that I should try to self-manage for the firs...
Ben Bymaster
Mobile Home Park Management (out of state investor)
If I were to invest in a mobile home park out of state, then how should I go about the management aspect? Are there property management companies that I can hire? If so, any recommendations?
Grant Wieczorek
Property management vs onsite personell
I think I am getting the hang of this, but it is still wishy washy in my mind. The on site people at a complex are going to do the day to day work, and the "property management" line on the expense line are the ones ...