Chris F.
Advice on Structuring Fees as a New Property Manager
Hi everyone
I’m planning to start a property management company and would appreciate some advice on setting up my fee structure. I’m looking to understand industry standards and best practices. Here are some of the...
Trevor Jones
Finally jumping into the pool - Trevor from Chicago
I have been reading/eating/listening to real estate investing for YEARS now. I am glad to finally pull the trigger with a partner of mine (first time for him as well) and pick up our first investment property! also ...
Frank Rizzo
Electric sub-panel recommendations
Hi,I own a property with 2 cottages on the same electric meter that I pay the bill on. When i renewer the leases I changed it so they would be responsible for their own electric bill (they have been abusing it with sp...
Myles Van Leuven
Rental Assistance Programs - Don't Believe the Promises
I have a tenant who contacted Volunteers of America back in November for unpaid rent. He told me that they were going to cover rent for November and then December. I have never allowed a tenant to be this late payin...
Tyler B.
Sewage Leak on Curb outside Proip
Hello everyone,I bought a brand new rehabbed property back in March 2020. I am currently experiencing an issue with a sewage leak, coming out of a pipe on the sidewalk outside of my place. I called the Philly Water De...
Bekzod Arapov
Investment consultant needed
Dear all! Can you please, advise, the investment consultant / advisor. Loan consultants also needed.
Weng L.
Max out HELOC before sell then 1031?
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...
Alexander Kostritsa
Lead paint inspections
Hello everyone,I posted this on another thread but didn't get a reply yet. Does anyone has experience with this? How serious is it? Is everyone required to do it or only certain categories of landlords?
Jim G.
Rental ADU (in-law) Utilities
Plan to build a new detached ADU (or so called in-laws unit) in my San Jose rental home. By city's rule, it is qualified for $700sf 1B/1B detached. I plan to put 1 shower, 1 dishwasher and 1 wash/dryer. Again by ru...
Zac Lindquist
My First Vacant Unit
I am about to experience my first vacancy and would like any feedback/input from anyone experienced. I live in a tenant friendly state(Oregon) and the application process makes me nervous when it comes to potentially ...