Carley M.
Early Termination of Lease
I recently purchased a 4-unit property (like a week ago). While I was moving in, one of the tenants gave me notice that she would be moving out in 45 days. I reviewed her lease and it has significant penalties for ear...
Srikanth Raj
Things to consider before Firing Property Manager
Hi Everyone ,I have an out of state rental property that’s not being managed as per standards and so I want to fire the property manager. The property currently has a tenant. My question for this group is what are so...
Aaron Mazzrillo
Note Terms & Clauses
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
Massimo Salerno
own it detorit
Hi all!Have any of you heard of own it Detroit? They are a property management company/real estate company offering turn key properties in Detroit. Any feedback would be appreciated!Cheers!
Dane Fossee
Worst Part of Being a Landlord?!?
Hello BP!I want to hear from all the Landlords out there. In your opinion what is the worst part of being a landlord??Thanks!
Tariq B.
How would you feel...if?
You had an agreement (contract) with your Property Manager that they are to get your approval before they go ahead and do any work orders. I just got new tenants in: week one we dispatched handy man because tenant com...
Brian Volland
Looking To Learn
Hi y'all,I've been looking to get in to REI for a little over a year now but I'm just starting to really dive in to books and forums to really try to get a handle on things before jumping in. I'm hoping that by Dec th...
Justin Goodin
A Real Estate Syndication - What’s That?
Let’s start with the basics. The term syndication means pooling resources. A real estate syndication is when a group of people pool their funds and expertise together to invest in a real estate asset together. Instead...
Wesly Aldrich
Management Fees Charged
Looking to hire a property management company and these are the fees they are proposing below. What do you think about the new tenant placement fees?
Management Fee (paid monthly):8% of collected rent; minimum fee o...
Matt Medes
Purchasing STR with existing bookings through VRBO. What to do?!
Hey Everyone!I am under contract on a STR that already has a few weeks booked in July/August. The problem I am dealing with is that the current management company has the property listed with VRBO and the summer night...