When purchasing a large number of units, what is your process for turning over management to ensure tenants understand who the new management company is, rent is still collected on time, and mitigate the fear that ren...
Hello everyone,My name is Ahmed Omran. I am a dedicated real estate agent who works with investors seeking short-term rental properties. My expertise lies in the vibrant market of Pinellas County, where I've honed my ...
Multifamily Investing Opinion:
Self-Management vs 3rd Party Management?
Most operators look to do 3rd party property management especially in the beginning stages as they begin to acquire more assets in a given mark...
Hello,I work at a small private equity firm in Boston formed in 2021. We have 7 buildings in Boston with 201 doors. I helped with the acquisition of all of these buildings. We previously outsourced all of our property...
Good day everyone,My tenant gave me notice that they'll move out soon.For my next tenant I am using COZY for my rental services.Can I accept only online rent payments in New Jersey?I'm planning to only accept bank che...
A couple of traveling nurses contacted me, looking for a three month lease on a vacant unit I have advertised. I'm willing to consider it, because it will bring the unit into a more favorable time of year (late sprin...
It’s been raining pretty heavily in Chicago over the past few months. The backyard at my property (all concrete) has been flooding and my tenants are complaining about it. The water is not getting into the apartment, ...
I'm purchasing my first multi-family and plan to have a property manager oversee the property. He's requesting 10% monthly fee. What services should I expect from him for this 10% monthly fee?
Does it make sense to create a laundry room in a three unit building in Astoria, Queens, NY (Upper Ditmars Area)?I'm considering creating a laundry room in a portion of the garage. The area rents are great and buildi...
The owner/instructor of where I did my coursework for my REL many years back said something that stuck with me and I wanted to get feedback and clarification or see what people feel about the situation. Here it goes, ...