A thriving real estate business without rental properties?! It might sound like an easy way to “invest,” but make no mistake—you’re going to need to sharpen your management, interior design, and problem-solving skills...
t the age of twenty-seven, this “rookie” has already completed over 100 real estate deals. The key to her success? She’s been in real estate since she was just seventeen years old. Seriously! By starting early and tak...
David Stone
Who uses a Project Manager?
Hey BP! My wife and I have been considering hiring a project manager to manage our rehab projects and contractors. I was wondering who has utilized this resource, whether it was beneficial, why or why not, how much PM...
Mike W.
Property Management Fees
I'm purchasing a multi-family (2 unit) home out-of-state and working a property management company that will act as dual agent and the property manager post purchase. Where do I have opportunities to negotiate a bette...
Gino Barbaro
What is the best management solution for 10-50 units??
When we first started out, we employed resident managers on our properties. We had a 25 and a 36 unit, and each had a resident manager that we issued a 1099 and paid a percent of gross revenue. As we grew, we replac...
Jeremy Porter
Mastering Rental Property Finances: A Property Manager's Guide to Expense Tracking
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
Kimberly Reed
Budgeting for Property Management services
Hi! New to BP and REI. I'm under agreement for my first multi unit. At this point, I'm planning to manage it myself, but as my portfolio grows I'd like to outsource it. I'm hearing that I can assume costs for a manage...
Jessica Stern
Self-manage vs property manger?
Hi everyone,I am about to close on my first two properties in Philly next week (woohoo!) and cannot decide if I should hire a property management company, or self-manage the future renters.
I have a full-time job an...
Danilo Ojeda
Good property managers in Minnesota
At the end of 2019 I went with a property manager to find tenants for a townhouse. The agreement we did was for 2 years with paying 1 month and a half. I didn't do the month to month management, because it was going t...
Clark Michael
Starting a Property management company?
I can't seem to find a decent property management, but I know I could build a great team for it. Thoughts and concerns about starting my own property management ?