Jason Rector
Why Should Property Managers Get a Percentage?
I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
Savannah Kennedy
Current Concerns - Investors
I have noticed a decline in the amount of investors during the COVID-19 situation. Investors, what are your main concerns during this time? I'd love to hear feedback!
Gerry Harris
100k in the bank and 100K in debt
Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...
Arcinio Arauz
owner will carry on five homes...
I went for a revisit and coffee session today .After some time, her homes came up for conversation.
Here's the break down....
Five homes free and clear,
owner 82 years old/ daughter 55 years old
Income cashflow:$...
Melanie Liu
Builder wants to cancel contract. What can I do?
We signed the purchase agreement back in December 2020, and it was scheduled to be completed by 4/15/2021. However, the builder has been delaying the building, and recently we were told that they wanted to cancel our ...
Nick Rutkowski
Where are the young investors?!
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
Jeffrey Sealy
Opinion on Buy & Holds in College Towns
Morning, Just wanted to get some opinions on how you all feel about buy & holds in college towns. I view these properties as MF even though they are technically SF. However, when renting to college students you ar...
Amie D.
Bad Start or Bad PM?
Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...
Rich Weese
flood insurance,fire insurance or none-
A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...
Kelly Cochran
Is it insane to manage your own STR?
Hey friends,Really struggling with paying 25-30% of our gross to a property manager on our first STR. I love all the details that go into AirBNB (decor, set-up, marketing copy, customer service), so the only things I ...