Bethany James
Fair fees for managing STR
I have been onboarding properties and automating them through Hostfully for a friend who is a real estate investor. We had agreed on a specific price for this initial process. She recently approached me about taking o...
Mohammad Sheatt
Retail/commercial vs SFH
I have been investing in SFH (fix/flip and fix hold) I came across a small retail space that I am considering. it is about 1500 sq and listed at 40k and need 10k in repairs. it is devided into 2 spaces 900 sq rented t...
Lamontis Gardner
RentRedi Software Questions.
I am looking to takeover my property management and trying to decide on a software to use. What has the experience been with RentRedi, and are there anymore softwares that you guys recommend?
Nick Robinson
Maintenance fund for larger multifamily
Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
Kusmayadi Djunaidi
Buying turn key property
Good morning,I'm trying to see my option in turn key properties. Have anyone buy turn key properties? I was just contacted by a company who is in Ohio called American Wealth Builders. Anyone have any experience with t...
Remmy Vernon
"By law, you have to..." insert tenant request here
Just thought I would start a thread about the weirdest, funniest, and most common requests from tenants you've had where they state, 'it's the law', when you know it is not.My most recent one was an inherited tenant t...
Sohrab Khosravi
Do you let tenants take care of any maintenance in SFR's?
Hi,I want to see what is the strategy landlord and property management is used for maintenance and repair requests.Do you use something in the lease to let the tenant know what they are responsible for and if you do h...
Peter Sik
Is it common to add PM in insurance?
After 9 months of using this PM, PM is asking me to add them as additional insured. Is this common?"We are currently auditing and updating our records to insure we have copies of all insurance policies for the propert...
Andy Young
First year worse?
Hi, Do you guys see a difference in your first year revenue compared to later years? I bought a four family last year. It was a short sale. With 2 none players an a lot of deferred maintenance , I didn't do as well...
Rohan-Chad L Simpson
maintenance and repairs ledger
Hello,
I was wondering what other Landlords and property managers use to track maintenance and Repairs, and if they use a ledger and if so where can I get a basic maintenance ledger.