Daniel Sabato
Advice for Dealing with Property Manager
Hello everyone I’m looking for some general advice for a situation that I imagine is pretty common around here. I’ve got a property manager handling 2 of my properties. One of the properties has been a nightmare, tena...
Nathan Spradlin
Purchased/rehabbed Mobile home and its not renting
I purchased a property last year with a single mobile home on it along with two empty lots beside it. We rehabbed the mobile home and hired a property management company to rent it out and manage it but it is not rent...
Kathryn Stevens
Do you incentivize GCs? If so, how?
I know flippers sometimes write penalty phrases into contracts ("must complete by XXX or pay $/week/month"). Do you ever pay your GCs extra when they get it done on time or early? Or, are they being paid to do that al...
Lawrence Porter
Bonus depreciation has been reduced to 80%
Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...
Amy Chen
Pittsburgh Rental Issues
I have 2 houses for rent in Pittsburgh sitting on market for 3 months, still haven't got a solid tenant. One is in Beechview 2bd1ba for $800, the other is a 3bd1ba in Brighton Heights for $850. Any thoughts? Should I ...
Amit G.
Expected time to renovate
Good morning fellow BP members! I am currently working on getting my 5-unit rehabbed. This is my first experience with multi-family and with rehab of this scale. This property is 2744 sq ft with a mixture of one eff...
Nam Hoang
Do agents typically get compensation for recruiting new agents?
Hi everyone, I just passed my NJ state exam yesterday! I'm now looking for a brokerage to sponsor me, and I want to know if agents typically get compensation for recruiting new agents? I'd like to know if they are i...
Mark Kelley
Tenant Incentives for Referrals
I've been fortunate to have great tenants. When they finally give notice, I often offer them an incentive of 25% off last month's rent ($300-$500 hundred dollars) if they refer a potential tenant who passes screening ...
Jimmy S.
Why do prospective tenants try to negotiate rent price?
Well.... I have always noticed that some prospective tenants always try to lowball me on price or ask if it is negotiable. Lately in the winter it has been happening more. Does this happen to anyone else? How do you ...
Brad Morgan
Idea: Aligning Landlord and Tenant Interests with Incentives
Many tenants would like to stay long-term in the home they rent because moving sucks, kids are in local schools, friendships are made with neighbors, etc. Most landlords would like their good tenants to stay long-term...