New to the site and want to share the numbers on my 1st rental in Philadelphia.3 bedroom 1 bath Row HomeCash Purchase price after closing - 19,500Rehab costs - 13,500Total investment - 33kAppraised Value after rehab -...

Hey community wanted to see what everyone thoughts were on using your property manager to manage and handle the rehab process? This would include hiring the contractors and over seeing the process. I am an out of stat...

Hello,Does anyone have any tips or ideas on starting or how to grow doing property management? I've started a business that involves in contracting and investing but unfortunately it did not go as plan. However, My i...

This is a question I have always had.......A property management PM takes upwards 10% of gross for receiving the rents. Bills every time for a repair and some add a rider on top of the repair. Bills a substantial amou...

I am working on to buy two condo units in Des PLaines/Wheeling. I am looking for a good property management company.Any recommendations?

We were just yesterday looking at some options for home warranty type of services and I think crowd-sourcing this one may help:The provider we were looking at specifically was HomeServe, however there are numerous oth...

I evaluate taxes, service fees, maintenance costs and other expenses to ensure that the property is profitable.
Which ones do you take into account?

How do we factor in property management expense into cashflow?  Obviously we factor in the percentage each month, but how about the bonus they get when they find a new tenant?Hypothetically lets say a property managem...

My previous tenants piled up a significant work list of repairs following out move out inspection.  The cost of the repairs the tenants are responsible for is an additional $4,526 after taking thier full security depo...