Tommy Nguyen
Early Investment Decision: Self-Manage or Property Management?
Hello BP community,
I recently closed on a duplex, and I am seeking the opinion of the BP community regarding my situation. The duplex I purchased has three tenants, one of whom is using it for storage.
While I have...
Corey Rosemond
Evaluating Short Term Rental Management companies
I've decided to partner with a STR management company vs. doing it on my own in New Orleans for a variety of reasons starting with the regulations setup by the city. Does anyone have a good comparison sheet or list of...
Bill E.
DUPLEX DEAL ANALYSIS
Analyze this deal. duplex side by side brick. I will be house hacking this property, but I am analyzing as though I am renting both sides out.
3bed 1 bath 3 story each side
purchase price:102000
3.5 percent down and ...
Daniel Scott
DST's seem like serious rip-offs - here is analysis of an offer
I've been shopping for DST's - got a typical one sent to me, and analyzed the numbers, and compared it to simply buying a totally well-managed replacement residential income property. The difference? One immediately...
Luke Miller
Hiring employees (on site manager's)
Hi, I'm hoping to get some feedback on our current situation.We are working on signing a management contract with an apartment owner, who would like us to be the employer of the on site managers. We feel slightly unpr...
Neel Patel
Philly Deal - 40 Units - Questions
Hello all,I recently came across a deal that I am actively pursuing in the Francisville neighborhood of Philadelphia. It is a new construction building 40 units. Current owner has the building about 75% occupied with ...
Blair G.
What should property mgt cost on a 32 unit/annually
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
Todd Groom
managing multiple properties with one app
I wasn't sure how to even search for this question. Currently, we are using Stessa and Cozy for our units. We have at this time 2 properties with 5 units with the first owner. We are purchasing a third property that h...
Reece Register
Professional Management and Maintenance
One of the single hardest transitions with investing in rental properties is the ongoing maintenance side of the property. I am gonna touch on a few topics to keep in mind as you are navigating real estate investing ...
Todd Horman
automating the entire lease / tenant process
Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...