Hello everyone,Maintenance/repair in rental property drain lot of money. I feel property management charge a lot for small repairs. How you guys manage? Do you know any app or services which charge monthly and provid...
I have a 48 unit that I just switched to a property manager. I am being charged 8% of gross rents as a management fee. This is a new property to me and I've been using the manager for about two months. I was drivin...
Hi all, yesterday I posted a question asking if your property manager does inspections on your rental properties and if yes, how often. I forgot to ask another question in that post which was, how much does your prope...
Hello all! I have a colleague who has a tenant who is a middle-aged single female. She had currently lost her job. She is trying from other resources to obtain the rent. So a colleague of mine assessed her late fee...
someone wants to charge more rent because applicant credit is bad. Is it legal under fair housing act?This criteria is just based on risk and not race, religion age or sex.
Hello BP,I have a STR in Palm Springs, CA, and starting to interview management companies. What are some questions I should ask when interviewing them?Thank you,Barry
Hi, I'm planning on investing in my first buy and hold in the next few months, but one thing that I could not find a concrete answer on these forums is how to enforce fees on a tenant? I.e. if a tenant is late on rent...
Hi All!I'm brand new to all things rental properties, I'm gearing up to by my first property OOS in Ohio and live in California. As I'm working on underwriting my deals, one question that keeps coming up in my mind i...
Hi everyone,I am looking for some advice. I have a client who would like me to manage their air bnb for them. In your experience is it best to charge a % of the monthly income from the air bnb or a flat rate? For othe...
Hi,
We have an out of state rental that a property manager manages for us. I just heard from the company that the tenant asked if we'd be open to changing the term of the lease renewal from 1 year to 6 months. The lea...