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I am traveling this week and next. I was working in a hotel room yesterday (wow, that sounds bad) and checkout was noon. I ended up leaving at 12:06, not a huge deal, but I can see people still in the room at 12:15, 1...
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I have 23 single family homes being management. The terms are pretty standard - 10% monthly rents - 1st months rent on new lease - $200 renewal.Most of what they do is fine but they are not on top of tenants as much a...
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I want to run background & credit checks on potential tenants, and I'm trying to choose between Transunion's SmartMove vs. Cozy's Tenant Screening.I expect many here are partial to SM as they appear to have been a...
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The role of the Appraiser is an odd one: Way too much art (opinions) and way too little science (data-analytics), with way, way, way too little accountability. While the world embraces tech tools to automate workflow...
More and more I'm hearing that STRs are going to be the alternative to hotels as it looks like a recession may be eminent. Curious to hear from the forum if you are seeing the same trends in terms of your bookings. ...
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I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...
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Hello BP Friends!I'm looking for a 10-30 unit apartment building in my market place by pulling the tax records of buildings with this many units, then looking them up and doing some research before finding the owner a...
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I am interested in hearing from property managers & landlords nationwide, but really interested to hear from Memphis managers and landlords. Do you successful enforce tenants to pay maintenance under $150? For t...
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(We're in Seattle.)This is my first post on BP!I'm closing on a triplex on July 31st that currently has tenants. The tenants are all month-to-month but two units only have verbal leases. Repeat: NO written lease. We w...
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Hello all savvy investors from Memphis, TN. It seems like your buy n hold market is a lot better than where I am currently living. A typical "good deal" that I just witnessed an investor make is purchasing a property ...