Last month one of my properties in Running Springs came up for insurance renewal. It’s a small 1400 sqft homes in the mountains so considered fire zone. For the past 6 years I’ve been paying about $1600 annually for m...
Okay, here's an interesting situation that my best friend (let's call him "Bob") found himself in this evening, and I'm curious what you would do if this happened to you... I'll try to keep it brief, but regardless, ...
Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
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...
I was contacted by a friend to help keep him out of foreclosure and I am not sure where to go from here. Here's the facts:3/2 1900 sqfthighly sought after area, it would rent right away for $1850Purchased 2 years ago ...
Hi there. I wanted to introduce myself to the group. I'm Emily and my husband William & I are fairly young (25 & 26 yrs old) newbies in REI. We have always wanted to get into real estate and have recently atte...
We just finished a standard refi on our 2-on-a-lot to get out of our FHA loan, and reduce our interest rate. It's finally finished (after 4-months) and we ended up getting a real low ball appraisal. We didn't challeng...
Hello,(Property Managers) What is standard to charge for tenant placement (in San Diego)? Is it a flat fee? A percentage? TENANT PLACEMENT ONLY! I will NOT be managing the unit, just finding great tenants. (Investors...
Hi all. I understand that a typical strategy for an apartment complex is to do one LLC per building, and a separate bank account for each LLC (and so a separate bank account per property). I worked in a treasury depar...
I found a duplex, but am reluctant to purchase because the water, gas, and electric are not metered.I understand it can be expensive to setup a separate meter with the city, but am not sure the costs of gas and electr...