Brian H.
Am I doing my analysis correctly for buy and hold purchases?
Hey everyone. So, I am/have been in the process of purchasing my first buy and hold investment. I am just curious as to whether I am doing my numbers correctly? What do you all include in your expenses when doing y...
Solomon Price
Experiences with Red Awning?
Good morning,We are a smaller (looking to scale) PMC in Central Florida. We are getting our PMS hooked up with all of the different booking channels when we arrived upon Red Awning. They talk a good game, and I'm look...
Jessica M.
Needy Tenant With Incessant Requests
Looking for advice from some experienced landlords!
In short, we have a tenant whose lease started July 1,2019. Since she moved in her requests and complaints have been incessant. From the initial walkthrough, leas...
Vern McDade
How to calculate cost of managing common areas
Hey all, So I successfully manage 3 units in a 6 unit Multifamily building. The owner has now asked me to manage the common areas. Ability and experience is not the issue. What is, is a way to best define the manageme...
Dave Jackson
$5,000 trashout expense?
I wanted to see if anyone's ever come across something like this before. I have a 2 bedroom, 1 bath unit (about 900 square feet). A tenant lived there for years and passed away and everything was pretty much left aban...
Jeremy Harris
Solid property, Good location, but Roaches
I found a solid 2 flat in a good area on the south side of Chicago. The location is on a block with majority single family homes and close to transportation. Needs a little TLC but nothing major....well structurally...
CJ B.
Yellowjackets in rental. Who is responsible?
Hello, just wanted to get some feedback from the forum on this issue. A tenant contacted me and said she has two Yellow Jacket nests beneath the roof of a carport on the premise. First off, I'd like to know if I'm res...
Jack B.
Giving tenants a move out checklist
I've noticed there are roughly three things that are a common issue when tenants move out. As such today I started sending emails about these items to tenants, starting with the tenant I have moving out now.Carpet/Wal...
Will H.
Either, Neither, or Both?
Hello BP,First time poster, so please let me know how to ask for advice better!I'm looking to add a property and have narrowed my options in Charleston SC (medium priced market) to two different properties. I have 2 ...
David Ounanian
What are common landlord expenses, and who covers them? Landlord or tenant?
When managing a rental property, here are some common maintenance expenses to be aware of. Some can be passed on to tenants, while others are usually the owner's responsibility:1. Sewer Cabling/Drain Cleaning: When th...