Aaron Vanderpool
Architect Looking to Transition to Development - Any ADVISE?
Greeting BP Network,Long time listener first time (writer), but I have a life-transition question that I thought I would throw out to the community for advise. I am a licensed architect who's spent the last 10-years d...
Nathan J.
Should Property Managers charge an additional fee to find tenants?
Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
Axel Meierhoefer
Turnkey - If you had to choose - who would you prefer and why?
I have been narrowing the field of potential organizations for my 4th property and beyond. I have had calls and emails with Memphis Invest, Spartan Invest, Norada, and MetropolitanI know there are many more out there ...
Morgan Klein
Tenant wants vape clause removed in contract.
I have a new tenant that wants to vape. My PM has a no smoking/no vaping clause in her contract, and he (tenant) wants the vaping part removed. Does anyone have any experience with tenants that vape? Will vaping ca...
Devon Keaveny
Are C/D area properties worth it?
On the outside D type properties look like steals, but with the potential crime, turnover rate and bad tenant pools is there really good money to make? Or is it better to go for B type areas that won't cash flow as we...
Bruce Archer
Do you list for rent before home is viewable?
Hello Everyone, When to list??? Looking for best standard practice. Trying to find the right balance of when to list, when people are searching but is usually before the home is cleaned and viewable. Too soon and peop...
Kimberly T.
Can you charge a different application fee for a married couple versus 2 individuals?
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
...
Aaron M.
Pennsylvania Landloard Tenant Laws
Hello,I am starting to do some research into the application process and lease agreement requirements in Pennsylvania1.) Can i state that i do not accept section 8 vouchers? 2.) What disclosures am i required to ...
Mitchell Hammack
15% Property Management Fees Reasonable?
I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...
Matt M.
How many of you are strict with the 3x rent/salary?
Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...