I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set. Do I also need to show my p...
Hey BP - I am vetting a few PM companies and one company sent me their schedule for maintenance which is on top of the 10%/month management fee. The rates are pasted below. Is $40/hr for unskilled light labor reasona...
Hi everyone,I have two doors here. But I have this one particular tenant, she's been calling me about pest issues, specially ants, twice in the last 6 months. I have to call pest control and shelled out 100 each tim...
This is the second turn in a row my cleaning lady has asked for an extra $25. She sends blurry cell phone pictures of the "extra mess" or "oh my god they had a party" and I say "ok" just to avoid confrontation and to ...
Every where you read property managers charge you 10 percent of the rents to manage a propterty for you. What they don't tell you is: 1) That's ten percent before expenses get taken out.2) Sure they manage the propert...
Hi all. We bought a townhome in October of 2022, intending to live in it for 3 - 5 years, then rent it out. Unfortunately, we have to move a few hours away in September because of work. If we rent our house out, the t...
I have 3 tenants in a unit. It is a high rent producing unit. One of the tenants emailed me to see if I could 'work with her' because she found a house she wants to buy. The lease isn't up until the end of June. I hav...
I'm asking $995 first month's rent, + $795 security deposit, so total about $1800 to move in. I don't know if most tenants have this much cash available at once, and if I'm being reasonable (I did already make the dep...
BP,I'm about to list my first rental. Doing so on Craigslist. Besides the description of the property am I missing any important information?No application fee. Must have a credit score of 650+ and a yearly household ...
Would love to hear if anyone has taken down a crooked HOA and any advice you can give me on how to handle this situation. Have a situation in a declarant (aka developer) controlled condo/HOA. The declarant finished de...