Hello!My husband and I plan to start managing a rental property. We are currently under contract on a new primary home. We are keeping our current home as a single family rental. This made the most sense for us with a...
I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
My long term tenant (a family friend) is moving out and I am concerned how to make sure I pre-screen future tenants effectively without violating any laws.
background: this property used to be my primary home and ha...
Do most property managers charge a percentage of total gross potential rent, or total collected rent?
Apparently Zillow (the corporation) is now charging a fee to list rental on it's several sites. This is predictable. They're justifying this to the managing agent / broker community by telling them to pass this thro...
Any suggestions on MTR commission splits? I've seen 25% a lot how ever with the rent rates varying from insurance rentals, vacation rentals, travel nurses, etc. Do you ever alter what your take-home is? Also any recom...
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Does anyone have any recommendations on how to best start out as a remote landlord? I live in CA and I have little to no interest in buying rental properties in my area. I do however wish to buy property in areas tha...
I've received this question from 3 investors in the past week so I'd like to just put my 2 cents out there for what works in my current market. A little bit of background, I own and manage several hundred doors in th...
It started with a phone call from my rep. The owner picked up the phone in a grumpy voice. The owner said he would be open to selling his 28-unit apartment for $48k per unit. Most apartment properties in the market ar...