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I am about to rent my first house and I will be using a property manager, I have some question about the contract. The hold harmless part states:HOLD HARMLESS: OWNER (me) agrees, at OWNER'S expense, to indemnify and...
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Hi - I'm evaluating a 200+ unit senior living facility that has an assisted living component covering 25% of the units. On standard market rate properties I typically figure that you need 1 full-time manager, and 1 ma...
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Hello - Wondering if any investors have experience working with a property management company that charges their fee based on a percentage of net income (after operating expenses) instead of a percentage of gross rent...
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Greetings everyone:
When analyzing commercial property and I receive the income and expense sheet from the realtor or owner, it rarely includes the vacancy rates and management fee. Should I include this (3-5% for va...
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I'm stoked about my recent success - closing on my third rental property and getting it rehabbed and rented in less than 5 days.I closed on Friday afternoon and immediately went to work. I pulled 16 hours a day for t...
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I just kidding my landlord and going, I have been fooling around with cozy and Stessa. I have kept looking as I’m trying to find somewhat of an all in one system. I downloaded and spend a lot of time with TenantCloud...
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Some basic things to factor in:
Who is the syndicator?
You are giving up control to this person
Fixed-rate debt or at least rate caps?
Does the syndicator have skin in the game?
Who holds the funds?
Do the rents...
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Hello everyone,I am a newbie and need some advice. I have a cash flowing rental property out of state that needs work done on it. It is an older home with a huge backyard. It needs a lot of minor work but is eventuall...
Ever been interested in making money with short-term rentals but feel there’s just too much you don’t know? Welcome to the club!
On today’s show, Brandon and David interview Avery Carl, a short-term rental (STR) in...
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Hello,I've purchased a 5 space Strip-mall and completely remodeled it.The price was $600K, I put over $100K into remodeling. There is a vacant space that should rent for $1500-1600 a month. The other 4 spaces are brin...