My business partner and I started a property management company this past year after managing a friends airbnb/VRBO. There was a little bit of flexibility in terms of how we collected money with our friend at the time...

I’m tired of flat-fee brokers posting FSBOs on the MLS. I spend hours and money yearly on subscriptions, CE courses and marketing for the privilege of using the MLS. We’re not even permitted to share our password and ...

I have heard different opinions regarding late fees. My properties are in the Denver Metro area, and the currently renting for $1150 per month and I charge $20 day late fee stated in the lease. Is this fair and re...

Hi Everyone,I've just passed NY State license exam and looking to start working as a real estate agent. Need to find a broker so I can apply for a license and work thereafter with that broker.Originally, I got the lic...

TL;DR: Recent article suggests rent hikes aren't just about landlord greed - rising costs across the board are a major factor.
Just read an eye-opening article about the recent rent crisis. It challenged my assumpti...

Hello BP community,I’ve owned my rental since January of this year.Out of the 4 months that our new tenant has been renting from me, they have been late on the rent 3 times so far. Mostly they pay anywhere from the 8t...

How Much is Too Much to Charge Your Tenant in Late Fees?

I was curious how many of you have property management agreements where the PM has inserted a clause saying they'll be paid a specified % of the sales price if sold during the term of the agreement. Sounds crazy to m...

So here's the situation.

I inherited this tenant, let call her tenant A, when I first purchased the property back in July. It’s a triplex, I live there myself and rent the other two units. This is my first property...

Hi,
I was recently contact by STR Property Partners or per their website S.T.R Properties Inc. in regards to managing my rental property. I currently have my property listed up for long term rent but they want to man...