Peter Li
Property Management Expenses
What would be a typical management fee that a RE management firm can charge on managing your property? I know most would charge certain % on the initial rental (setting up with a new tenant) and another % for the ren...
Edward Mccracken
Buildium Reversed Charges after 60 days.
Does anybody recommend any property management services that a tenant can not reverse the charges? I have been using buildium for years and it seems they keep on getting worse. Especially with their support, its tak...
Billy Bell
Need help reviewing my first Property Management Agreement.
Hi All!So I'm coming up on my closing date for my first ever rental property, and currently looking for property managers. I was referred to this one by a trusted friend that has a couple dozen units in the area. I ha...
Clinton Davis
What's the latest on this BOI?? Go or no go?
I think it was BOI acronym but I heard it got postponed then came back and postponed again? I have an LLC do I need to file this form to the IRS? thanks.
Blake Burnett
Deal analysis for long distance rental
I'd like to get some opinions on a condo deal, which I know few of you recommend. I'm active duty military stationed in Norfolk with plans to move back to the west coast in about a year and a half. I'd like to purchas...
Melanie Armstrong
Will the water co install a 2nd meter in a two family home?
Hello BP members. I recently purchased a two family home and I am afraid that the water bill could be an issue. In Cleveland, the water company is allowing tenants to transfer the water bill in the tenants name, Howev...
Angelica Hughes
Dohardmoney.com- Good or bad option??
Hello, I am new to investing in real estate and have little money for down payment. I came across a hard money lender named do hard money (www.dohardmoney.com). I've done some research on them and the BBB has them rat...
Bharath Raj
Lease negotiations for option period
Our brokers negotiated a commercial office lease with a national tenant in the LOI. A draft of the lease was drawn and the contract was prepared by my attorney. The tenant' attorney reviewed it and sent it back with s...
Peter Sik
Judgement of $200/month and PM took some share and claimed is late fee
After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33. The debtor will make $200 monthly payments until paid off.
1/3 of the $200 goes to the agency, and ...
Cedric Van Duyn
Who Pays for the Locksmith?
I closed on a 6plex about 3 weeks ago, so I am NEW in the business and I currently SELF–MANAGE to learn the ropes...A tenant got locked out of their apartment and did not have a key. Since I work full–time, I had them...