Hello BP Community,I have been vetting some property management companies (Manager). When looking at contracts, I am seeing a theme of indemnity clauses. The Owner would be on the hook for the negligence of the Mana...
Hello!We are looking to refinance two of our industrial buildings and we are considering using a broker who works with life insurance companies. The terms are very good - 15 year fixed (almost unheard of for these typ...
Hi All,I started investing in a new market and got a referral to a property manager. Their agreement is 8% of rent and half a months rent fee to find a new tenant, but they also charge a percent of any maintenance tha...
I am doing a little research on property management fees to understand what the typical fees property managers are charging and why they are justified. I am wondering if we can get a thread going on this topic with i...
Background:
Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions a...
Hello,
we have a 2br/2.5ba house in Las Vegas (new to property investments), and I am not happy with property management company. Am I exaggerating, or should I take action? Our property has been on the market for 745...
I currently have a property under contract..do I need to get it to a title company before I assign it ? Or can I assign the contract to my cash buyer, and then deal with title company ?
Hey BP Fam,
I work for an operator in the Midwest and wanted to provide some insight to passive investors on the kinds of questions I find the most useful.
I am making the assumption you, the reader, have already d...
I had a chance to review a few property management companies in a short period of time, and it made me wonder why they charge so much. Typically the monthly charge was between 8%-10% of the rent. If you rent is $1,000...
Having a bit of an issue with some of my out of state properties. I have a smaller property management service in this area that handles everything since I purchased the properties a little over a year ago. Most uni...