Michael Belz
Airbnb Management & Staging Fees - Is This Standard?
We have a house on 3 acres near a neighborhood, and we're considering listing it on Airbnb. After some research, we connected with a local Airbnb manager who took a look at the property and was very complimentary. He ...
Rick Bassett
Rent Recovery Service
I am considering using the company Rent Recovery Service for some collections and wanted to get some feedback from others.According to their website their flat fee service reports to Experian, Equinox and Transunion o...
Mike Hoefling
Snow Removal - Massachusetts
I have a few questions on how other multifamily owners handle their snow removal. When hiring services out do you pay a flat rate or by the hour? Does this include both driveways and walks?
I realize I have ...
David Weiss
As a buyer with a $1.5mm budget, which option would you go with?
Pretend you’re looking to buy a property in Florida (or wherever the market works similarly enough for this question to make sense) and your budget is $1.5mm. Would you:
Option 1. Not use a buyer’s agent at all, just...
M Parsa
converting to individual water meters
I own a property with two duplexes and a house that are all on the same water meter. I spoke to the utility company and they said to split it up and put an individual meter on each unit would cost at most $8000. I a...
Jeff Lee
Wall Paint Opinions
Living Room: Bed of RosesBathroom: Dark Night ZeroBedroom: Herbal ZeroCeiling: Pure WhiteTrim/Crown Molding: Undecided, will take suggestionsPlease give your opinion on the paint color choices. Thank you.
Ming Lim
Reserve Fund Estimate?
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
Gino Barbaro
What is the best management solution for 10-50 units??
When we first started out, we employed resident managers on our properties. We had a 25 and a 36 unit, and each had a resident manager that we issued a 1099 and paid a percent of gross revenue. As we grew, we replac...
Jeremy Medina
How would you manage utilities in a 2 unit with no separate meters?
I am closing a deal on a SFH that has an attached ADU. I am not sure yet but I am thinking LTR for the main portion and perhaps MTR/STR for the ADU. It is not separately metered and right now I don't see adding a mete...
John Westbrook
Chicago's ADU...Insanely powerful
Howdy Chicagoans! I have been quite excited about the possibility of this ordinance being passed and in effect 8.1.20 and have been thinking about the best way to implement a strategy. For those who are just hearing ...