I'm posting this question on behalf of a friend who is trying to buy his next property but is being denied financing some banks / lenders.He purchased 3 properties over the course several years before 2008 in Brooklyn...
The security deposit is most typically equal to a months rent. As tenants renew their lease and the rent increases are you collecting additional security deposit as well?
Hi, First time home buyer here. We are in escrow for our primary SFH 3BR/2BTH 1100 sqft home, which is in original condition and looking for recommendations for expansion/remodel including
1) Looking for advice/recom...
I am starting my first Airbnb property in Sedona, AZ. I have seen so many posts that recommend different types of insurance coverage such as property, umbrella coverages,.. for STR from different providers like Prope...
Man it's rough finding this doc every year! Would anyone be willing to help a fellow investor? Appreciate your time-Frank
Hi all,It seems some property managers look to charge one months rent to find a tenant, on top of the 10% of rent collected. Is that normal? It seems that a property manager should be incentivised to keep tenants long...
This topic has come up in past forums and on Google searches, but there seems to not be a definitive answer.
Basically, a PM wants to be listed as "additional insured" on a property. I assume this is so he can look ...
Hi All,I'm working on a 60 unit deal and was reviewing the financials and noticed the previous owners were paying $21K for a property management company to manage the property (they manage ~500-600 units in the area),...
As a professional property manager myself, I understand the essential tasks that investors are looking for from their property manager, like rent collection, maintenance, and tenant screening. However, the role of a p...
Hello! My husband an I bought our home July 2012. We would like to build a second story addition onto our cape cod style home. Our home is 1440 sq ft and is a 1.5 story home.We would like our addition to include an ad...