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Hello,First off, this is my first post on BiggerPockets. I used to be a real estate broker back in the early nineties, but I let my license lapse (stupid). I will soon be approaching the big 5-0 so my thoughts have tu...
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Hello!
I'm using a property management software (TurboTenant) for rental applications and screening reports, and they charge each prospective tenant $45 for this service.
However, the Wisconsin State Legislature sta...
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I have a person that has a couple properties he doesn't want to manage.From what I gather, the tenant used to work for him and as such they have a personal relationship that is causing issues. The tenant isn't the bes...
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I own 3 SFR in Alabama, all managed by the same company. The company recently implemented a 9% "Admin Service Charge" for any repairs that are done at my rentals. This is on top of the repair cost. Has anyone ever hea...
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Hello everyone,Quick question about late fees with Iowa law. The law states that if the rent is less than $700/month, then late fees can not exceed $12/day up to $60/month. Here is the exact wording: “For rental agree...
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Wondering if you all can help me out. I am putting together a spreadsheet that will calculate cash flow and ROI to evaluate a Buy and Hold investment. I have been using the UBG and information from other sources to pu...
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The reason I don’t invest in or use my rentals as STR anymore is that if I pay a property manager 30-35% then my return is the same as a LTR so since I won’t self manage I might as well just invest in LTR.
Has anyone...
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I will be a remote landlord. I stay in a different state from were i purchased my property. So i will have to hire a good property manager who i can trust to run ship. @Eric Fernwood referred me to " Golden West" p...
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I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...
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Hey everyone, I just received a rent roll from an apartment building I've been working on. The property managers have one column labeled 'Market Rent' with a dollar figure of $12,538.00 and a column labeled 'Lease Cha...