Peter Kolzow
Project management: Additional work outside of scope
I will be project managing 20 town homes in the near future. I have managed single properties and utilize a detailed scope of work for our properties. As we all know challenges arise that were not figured in the origi...
Chris Chung
Green Developing- Economically Feasible?
"Going green" has always been seen as a move that can bolster company image and improve environmental quality. As well, it can have positive health benefits for the occupants of a building.
However, it is also consid...
Aref Shehadeh
What should a property manager be responsible for based on the % of rent collected fee?
I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
Adam Bradley
Duplex / Small apartments - Who cuts the grass? PM?
Newbie here. If I own a 10 unit apartment complex and it is managed by a local property management company; normally, whose responsibility is it to cut the grass?Is lawncare/landscaping usually included in a PM's 10% ...
Brianna Wickham
How to estimate repairs and maintenance
New to investing - what’s a good rule of thumb to budget as a cushion for normal home maintenance and repairs (IE: roof replacement, HVAC replacement, etc) for an older home versus a newer home?
Jim Shepard
Additional Rental Revenue Streams
All,About 2 years ago I started taking what I call the "Cafeteria" approach to my rentals. I was trying to come up with additional revenue streams to increase my potential profit on a unit. A few examples of this wo...
Nick DePrizio
Refi options for a newbie in South Boston
My wife and I own a condo Southie and are currently renting it out while we live in San Francisco. It's Cash Flow positive about $175 a month (which we are putting into principal), Loan was for 328k @ 4.25% and are lo...
Simon Wold
Should I install seperate electricity meters?
Hey,So I am looking at a 22 unit deal in Lakewood, WA. Going through the numbers I noticed that the building currently has one master meter for electricity, which the owner pays for out of pocket. Does anyone have e...
Randy Virden
Changing locks between tenants
Do you routinely change locks between tenants? Any cost saving tips or strategies for this?
Greyson Dixon
Negotiate seller concession towards buyer CC vs price reductions?
I used this negotiation technique with a first time home buyer, recently, and I'm curious how it would translate to RE Investment.
In my market (SLC, UT area) the market is beginning to plateau. Longer DoM, higher in...