Jordan Meyer
Rental owners: do you care about property management fees?
There are some new discount property management companies that charge 5-6% (instead of the more typical 9% in Utah or California) and have data showing that they keep vacancy and rents the same as the 9% alternatives....
Manas M.
Compensating tenant for broken refrigerator
Hi BP Folks,One of my unit is rented out to a tenant with a refrigerator. Recently, the refrigerator broke down and we got it fixed in about 10 days (the earliest we could get a technician to the house). Now, the tena...
Ellie Narie
How much do you pay for cleaning service for your airbnb rental?
I'm thinking of building a duplex, living in one unit, and having the other unit be an airbnb rental. I live in a small town that is close to outdoor activities, so it could be a good idea to do airbnb. I'm thinking o...
Chris Rosenberg
Philadelphia Neighborhoods - Fishtown, Port Richmond, Bridesburg, Kensington
Hello all. So these are the areas I'm interested in: Fishtown, Port Richmond, Bridesburg. I like these areas because of the low vacancies, gentrification, younger professionals moving in, and above average cap rat...
Shefali R.
Wells Fargo short sale negotiation - help!
We bid $166k cash on a Wells Fargo short sale property in January. Bank came back today with a counter of $175k (which includes $10k relocation for seller). We want the property but want to counter the smallest amount...
Caleb Rigby
Flipped 5 houses in 8 months - but lost money on 2
I haven’t posted in a while, so thought I’d share what we’ve been up to. We’ve flipped properties 3 through 7 since February and are in the process of buying two more to fix up. What value can I give to anyone that is...
Alexis Monroe
Help! Bought vacant lot, but there’s no trespassin signs on it
Hi!
I’m a new investor and bought a vacant lot as a quit claim deed from a bank. The bank hadn’t paid taxes on the lot for the past 8 years. So, I paid the taxes and the bank gave me a quit claim deed. When I went to...
Joe S.
Tenant says something stinks every time they flush toilet
So the tenant has filled out a work request with the Property Manager. The tenant is saying that something smells every time they flush the toilet. These are the same tenants that filled out a work order some months b...
Account Closed
Please critique this flooring quote
Hello all, I am a newbie investor- bought my 1st out of state rental . The property is a 3bed 1.5 bath- needs new LVP flooring in kitchen/living room/hallway/bathroom and basement . Bedrooms have hardwood- which need ...
Jamie Dzierwa
building business credit
Hello there,
We are a new LLC, and I was just trying to find some insight as to how to start to build business credit? Obviously, we are not going to go and get approved for a substantial amount right off the bat, bu...