Hi Everyone,I am closing on my first rental duplex in mid-December located in an opportunity zone. I do not yet have an LLC set up for this property and it will be owned by my husband and me at first. We were planning...
Let's face it. In this business the reviews can make you insane. Post reviews that really stand out in your memory. And PLEASE let's not get off topic. Looking foward to reading yours! (I may even add one or two that...
I'm not sure how everyone else keeps it together, but for the last week of each month and every day after the first that I don't receive a rent payment for a unit I start imagining the worst. It's actually pretty str...
Hi BP folks!My wife recently inherited 11 units (4 buildings) in Fort Collins and we are seeking a property manager as we're out of state. She's interviewed several but is not comfortable with the terms of their cont...
Hello BP members!
I am looking at a unique property in Naples, FL that I want to know if it is up to code. This particular property has 2 single family homes (4/2 and a 2/2) and two efficiencies in the back of the pr...
I have an individual property manager who does not advertise. So I have to. My place only gets 3 to 4m lease and 9m at best but rare. And I have a very involved work life as an engineer at a big tech company. I could ...
Hi All, My business partner and I are looking for a new Property Management Company in the Philadelphia area. We have a small business/personal friend who was helping manage our properties but his main hustle is stre...
It's common knowledge that a basic qualification for a tenant is to show income that is 3x's the rent. However, if a husband and wife or a boyfriend or girlfriend are filling out the application, is this a joint requi...
First time posting after reading through other posts and trying to learn tips from everyone else.In our situation, local market is expensive to get in to and makes positive cash flow difficult to see other than STR's....
I'm hiring a property management company to run my first multifamily property. What questions should I ask and how do I monitor the tasks they are performing. (Ex. If I wanted to see which tenants are paying on time ...