Jeremy Porter
Navigating Financial Challenges with Empathy and Solutions in Property Management
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Jeremy Porter
Navigating the Decision: Should Landlords Allow Tenants to Perform Maintenance?
In the world of property management, the question of whether landlords should approve tenants to perform maintenance on rental properties is a common and multifaceted dilemma that requires careful consideration. This ...
Oliver Arbuthnot
Should I rent or sale a property I inherited?
I inherited a property when my dad died. I put some money into it, then Covid-19 hit and am having problems getting it sold. I'm now thinking about renting it out but not sure if I should or just sale it?
Ravi Karuturi
Need help with a situation on 4-plex
I bought a 4 plex with a friend by going everything 50%. For some personal reason i need sell my share to a mutual friend. I need to know what does it involve. Should i just call bank and see if they can transfer the ...
Rebecca Lujan
How would you handle a request for extension on unsecured loan?
I loaned money out of my self directed IRA for an unsecured loan that the borrower did not pay by due date, which was yesterday, 2/1. I was the one who reached out to the borrow, and I did receive a response via text ...
Jeremy Porter
Essential Records Tenants Commonly Request from Property Managers
As a property manager, my responsibility extends beyond the day-to-day operations of maintaining a property. It also includes ensuring the maintenance of accurate and organized records, which is vital for effective pr...
Matthew Allen
Failing Forward? 1st mail out returns poor
Early last month I sent my first direct mail marketing in San Antonio. I narrowed down to one zipcode using high recent cash sales, 30 avg on market, proximity to my home, etc. I pulled an absentee list of >50% equ...
Cassidy Burns
Choosing Between Financing Venues
Hi BP,Quick question: I have a duplex under contract, have found 2 different banks that will finance this for me. Both very similar rates and packages offered. How do I go about choosing the best option? I obviousl...
Mark Miller
Can a PMC legally refuse to send initial tenant application?
During the PMA contract term, can a property management company legally refuse to send the initial tenant application that contains the background check and income information?If yes, then what about after termination...
Desmond Fielding
Transferring Property to an LLC - Fannie Mae Approved Method
I have seen a lot of posts on BP Forum regarding transferring a rental property from your personal name to an LLC and have searched the forums in the past trying to gather information. I haven't run across a post with...