Looking at purchasing a duplex in Milwaukee. I live in Denver and would definitely need property management. It's not in a great neighborhood, but the numbers look great and justify the risk for me. Would love some re...
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
@Scott Trench, loved your podcast. Our values and beliefs are identical. I am turning 26 this year and actually have been going through the same thing you outline in podcast and I believe you go over in your book. I l...
Well it's been a week since I closed on my first deal, and I am now moving on to deal number two.
A little background. This was actually the first call off my marketing that I sent out in Feb. Out of state owner of a...
Anyone else get frustrated by those HGTV shows that make it look so easy to flip a home? Flipping a home is a business and like any other - it requires knowledge and planning to actually be successful. I can't tell yo...
TENANTS FROM HELL #3Move outs from hell.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen it all. F...
I have a prospective renter who has a recent DUI. I use the Smartmove app to screen. Does anyone know if the Smartmove flags DUI's. If the app automatically rejects because of DUI, I would not want him to waste his mo...
I had to post this for others to learn from my mistake. No matter how much experience you have, you will always be at risk of taking a lost at some point. My problem, I'm way to nice and give everyone the benefit of t...
Tenants' check was returned for NSFs. Property manager said they turned in paperwork to officials that if tenant didn't make the check good within so many days she would be arrested!In all my reading on BP and numerou...
Would be very interested in some feedback. I've been managing apartments and houses for nine years and this is a first.
We hired someone to trim the hedges at one of our properties. While trimming, one of the resid...