Alex Franzese
New Member
I am Alex, I'm really interested in getting started with property investing, but am curious as far as where I should start. I've gotten a wide range of advise ranging from its a mess dont do it, to "just buy a 6 flat...
Ryan Moore
Property Management Fee Structure
Hi, I'm closing on a multi-family 4-plex in Phoenix and I'm starting to research property management companies. I've noticed that some charge a flat rate vs taking a percentage of the total rental income. The flat r...
Michael H.
How do i find someone to list my rental on the MLS for a flat fee
Hey BP family,Ive heard of this service from others at a REIA. I'm Experienced in screening tenants, Ive got all the docs. how has you're experience with a flat fee listing service been?Thanks,MB
Bryce Renicker
Keep existing tenants on new house hack?
Hey Biggerpockets community,I purchased my first live in 2-flat in Chicago this past December and became a first time landlord. I live in one unit and the other unit was already occupied, with that tenants lease expir...
Matthew Koch
Property Management Costs
What are you seeing Prop Mgmnt companies charge for screening and finding tenants? I am seeing one months rent. Is that too high?
Paul Sandhu
A motel closed in my town yesterday
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
Jake Kucheck
Lawyered!
Well it had to happen sooner or later...
One of the properties we bought at auction responded with a strongly worded letter from the attorney that was trying to prevent the foreclosure. This was to the effect of the...
Puneet Sharma
PM asking for 50% of Rent for New Lease and 25% for Lease Renewal
Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
Ed Deren
Beach Vacation Rental Investment with partner
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $165,000
Cash invested: $16,500
Sale price: $220,000
3 bedroom vacation rental property in a large complex with...
Mercedes Irene Smith
Triplex basement use... laundry/gym?
Hi everyone! I have a random question that I can’t find an answer to anywhere in the forums. I’m looking at a great triplex, (historic building, near downtown) but none of the units have laundry in the unit. The tripl...