I just recently (for the first time) installed vinyl plank flooring throughout an entire 2 story rental unit. I decided to use laminate on the stairs since I didn't care for the way the stair nose pieces looked on th...
Question for self-managing landlords:I'm just getting started managing rentals. To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limite...
Someone called me this morning claiming to be from a property management company with an too good to be true offer.The offered to fill my vacancies for 3.45% and manage my properties for less than 3%. No one charges t...
I have a handful of properties which are all managed by the same property manager. They use Rent Manager, and I'm able to log in and view all the standard reports as well as a complete general ledger detail. However, ...
Hi! My wife & I started our AirBNB business in October 2021. We have received a few requests to have weddings hosted on the property. These requests are super flattering but are catching us off guard. We hone...
Would anyone be willing to pay for an accurate rehab estimate? I know some general contractors may charge a fee to provide one and I’m wondering if there is a place for an estimate writing service
Is this typical in property management contracts for retail investors?
General Contract Language
- Broad language allowing PM to receive and collect fees from tenants so long as it doesn't explicitly conflict with s...
I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...
Hello! My name is Hayley! I'm 26 and I bought my first 3 -bedroom, 2-bathroom home May 2023 for about $219K ($1580 monthly mortgage). I have just recently deployed to Europe for 9 months. During the 3 months in betwee...
Hey BP. I'm curious, at what point in your investment journey did you get a property manager? How much do they typically get paid - salary or hourly?Also lets say the investment journey started out the mud with $0. I ...