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I am in discussions with a new property manager and have the opportunity to negotiate a fee structure. I am currently paying a flat 6.5% fee, but haven't been happy with the results. I was recently approached by a s...
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We are in Colorado (near Denver) and noticed moisture in the basement. I was originally thinking that the moisture was coming up through the concrete, but I don't believe that is the issue for these reasons... the to...
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Building Strong Relationships: The Key to Property Management Success
In property management, success isn’t just about managing properties—it’s about managing relationships. At the heart of effective property manag...
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Hi all,
I wanted to talk about soundproofing and see what the community thinks about noise separation between units.I am currently developing a legal basement suite in a single-family house in Edmonton Alberta, the h...
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Hi BP,As a new "real estate investor," you can get overwhelmed with the influx of information that is available. I have read multiple real estate books, currently listening to every BP podcast (currently on #59), con...
I am in negotiations on a duplex in my town currently. I have offered 95000 on this with the asking price of 114000. This offer was accepted contingent on a home inspection. The home inspection is now back and I have ...
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I'm currently deployed overseas and just learned that my 5-Plex caught fire. I'm not sure how badly it was damaged, but based on the pictures I was sent I know I won't be able to rent any of the apartments out for qu...
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While searching online I came across a package of 5 condos that is going for 255k, Each unit is renting for an average of $760, if I'm doing my math right, this makes the income to purchase price to 1.49% Given that t...
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Would love some feedback from experienced investors regarding this REO.
Property had some localized flooding due to burst (frozen) pipes on the 2nd floor. From what I've been able to piece together, the water damage...
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Hi everyone,
Is there a way to invite applicants to do the background and credit checks after they have been prescreened?
I have the "require credit check and background check" setting turned on and it's causing a l...