Joshua Stein
What makes a good property manager (PM)? What makes a bad one?
I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
Shari Posey
Newer tenant is concerned about security--need advice
We have a young single woman who is a tenant in one of our properties who moved in fall 2012. She's a nice tenant and responsible. There was an incident a few nights ago when a big fight broke out on the street in fro...
Kewei Qu
Disappointing experience with REI Nation PPMG property management
Want to share my experience doing turnkey with REI Nation.I started buying my first property with them back in the summer of 2020. The property is great. I was very specific and insisted on a class A property. To date...
Samuel Fletcher Hardy
Can My mortgage company contact my tenants?
Hey guys,Covid special here, I am in forbearance and my mortgage company is leaving notices on my tenants door saying we have gone to collections. The property is an owner occupied triplex in Kitsap county, WA under a...
Donna Hempel
Landlord worst nightmare scenario- Need advise
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...
Alvin Grier
Flipping Houses that Have Tenants in Them By Current Owner
We've found that most of the landlord owners that we deal with don't want us to let their tenant know that they're trying to sell the house for obvious reasons.
They tell us to tell the tenants that we're insurance a...
Jonathan Ramsuchit
pose as insurance agents in order to view the property???
I am looking at a 8 unit property that used to be a motel. It is now all residential units. The gross rents are 51k. List price is 389k.I know that price is way to high but the reason is that the property hasn't had a...
Marian Freshour
Best way to inform tenant that you are not renewing their lease?
I have a tenant that is chronically late on her rent payments. Often she will send in a check and 10 days later I will receive information that there are Non-Sufficent funds in the account. The check will bounce mul...
Alex Potec
Does an LLC really help?
First a quote:
If you have a corporation for `insurance purposes', i.e. so that you can't be sued, forget it. The courts find it very easy to go after the major shareholder of a corporation where that shareholder is t...
Gene Baldwin
Tenant complains of marijuana odor
We are having an issue with a tenant in one of our properties. It is 6 unit, zoned multi use. There are 4 units residential upstairs, and 2 commercial downstairs. One of the businesses downstairs has complained of Mar...