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In the past year, I have gone from self managing properties to giving up the majority of the duties to property management. Then deciding to open our own property management company. For the most part, we have been at...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $326,000
Cash invested: $11,410
A client came to me and offered me the penultimate opportunity: this quad. ...
Hi! I am in search of a great property manager or property management company that could manage multifamily projects with 10+ units. Anyone have a recommendation? I am in Phoenix and would prefer someone local.
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Hi, all,Just bought a 6-unit rental and about to purchase a 9-unit rental, both under the same LLC.Would like to set up QB 2014 and am looking for details such as Chart of Accounts, how to keep track of each property ...
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I'm in Atlanta GA and would like to hear from fellow house hackers, after moving out, how did you manage your rentals? Were you able to hire a property manager or did you continue self managing?How were you able to sc...
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Hey BP!To manage other people's properties in the state of Washington, do you need to acquire a managing broker's license or simply a broker's license?
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Approximately how many doors does one need to justify moving from management company to hiring full time manager with office ?
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I have 4 long term rentals in another state. I can never get a hotel room there, and Air BnB’s are scarce, so this tells me there may be more opportunity in the short term space. I have a capable manager but they ha...
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Failure to Properly Screen Tenants
To secure quality tenants, a rigorous screening process is necessary. Obtaining a credit history is important, but so is getting references from employers and previous landlords. Pr...
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I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...