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How do we factor in property management expense into cashflow? Obviously we factor in the percentage each month, but how about the bonus they get when they find a new tenant?Hypothetically lets say a property managem...
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Just found out that through a buddy of mine (and other research from asking other PM's) that these PM's charge an exit fee or termination fee to get out of a contract. Sometimes these fees can be very aggressive. Eve...
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I just received a text from one of my tenants and I need to know how to respond!She said, “Any chance you have someone wanting to rent? I wish I taken the 6 mo instead of 18. Things change so much. I’m starting a new ...
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We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January. Which of the following can be written off? 1. Pre-purchase - Home inspection and app...
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Good morning all,
I have a tenant who wrote a bad check and was late on the rent. She was suppose to pay this amount on the first of this month. On the first I called to check with her bc she didn't make the payment....
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Hey guys, I’m meeting with a potential out of state property manager today. What are seine questions that you think I should ask him?
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I am an investor who just obtained the salesperson license in Massachusetts. I am looking for a brokerage to hang my license with minimal fees and higher commissions.I came across The Virtual Realty Group during my r...
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I signed on for an expensive year of buildium and so far I'm not impressed. Too confusing too many moving parts too many things they want me to do that I don't care about. They've taken over a month so far and I feel ...
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About to close on first wholesale flip. Is there a way to keep the assignment fee non-disclosed to seller (owner of house)? I contracted the house with seller and then assigned the contract to investor. Investor is...
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So three years after my first real estate purchase, I am ready to become a landlord. I'm looking for a property manager in Southern New Jersey, (Lindenwold), to manage my single family home. I'm looking for recommen...