I have had 2 different tenants in different properties clog up the plumbing. SFH#1 that I self manage locally claimed that the garbage disposal wasn’t working. The plumber checked and said it was. This was a renovated...
Hello BP!I’ve had a 20+ year career in commercial real estate, primarily in lending. I’ve worn a number of hats—commercial mortgage originations, syndication, securitization, etc and was once a CFO for an affordable ...
Hi AllWondering what you do if you are in a situation as I am? I budgeted 5% maintenance on my property, and my first tenant came and went and I literally had zero cost in maintenance when they left. I didn’t even hav...
We are looking at a 4plex in a strong C area. Our realtor just got us the utility bill info and I’m taken aback at the expenses for the water/sewer. The city quarterly bill has broken down the expenses into separate w...
Hi,I've been thinking of doing a medium term rental with a small multi-family property in San Jose, CA. I've started researching property managers and there are tons for long term rentals. They charge a monthly perc...
My tenant will be moving out soon. I was wondering what things wear and tear does not cover? For example, do you typically charge for:
1) rug cleaning
2) dings on the walls
How do you figure how much to charge? A...
I have a property manager who runs some homes for me in Florida - today I got this email from her:I have made a security deposit claim for $518.99 (out of a $1,100 deposit) -- Cleaning $225.00, general repair items...
We have been using the BP tenant screening link with good success. It is easy to understand and has a nice layout. I just had a prospective tenant apply and it was recommended that I deny her. Reasons: Derogatory publ...
Hello all"Ive been looking into a few turnkey companies and I am in the process of vetting one that uses an outside property management company. I''m trying to get a better understanding of their fee structure and wha...
How do you handle the combination of charging pet fees and cleaning fees? Do the cleaners make more money if there is a pet? Does your cleaner just charge "per turn" regardless of a pet or not?
I'm paying my cleaner...