I'm getting out of the rental business with my one sole rental house :cool:
We've had enough with dealing with tenants and just dont need the headache anymore. Plus we moved to florida, and dont like dea...
Good Afternoon,This is a long post, thank you in advance!I think I found what could be a "good deal", but I'd like some feedback because there seem to be sooo many moving parts in a RE deal, and other than purchasing ...
Hey there,
I have a new client (an owner of a couple of properties) and looking to sign him on a Property Management Contract. I'm attaching the one I have at the moment.
Any thoughts? It's pretty short, which I l...
Hi BP folks!My wife recently inherited 11 units (4 buildings) in Fort Collins and we are seeking a property manager as we're out of state. She's interviewed several but is not comfortable with the terms of their cont...
Hello all,I have a long term tenant for over 8 years and I no longer want her in the property- every month she is late on the rent. I have always tried to work with her when I should have not been so lenient. Lately i...
Good morning, I currently have 2 properties that I'm looking at for my 1st deal, but when I put the #s into the BP rental property calculator, it looks like the cash flow is minimal or negative. Am I doing this corre...
Hi Biggerpockets,I need some help evaluating a deal. I currently live in the DC area and put in an offer on a property with the following details:Listed Price: $235k Estimated Value: $245kRequired Repairs: $7,500Avera...
Hello all, I have 4 rental properties now worth $65,000 each and they're all 2/2 or 3/2 townhomes and are leasing really well actually at $850-950 total. They're a great source of income, but im a little tired of deal...
I've been thinking about giving property management a shot. I see a lot of managers post saying they have 50-80 doors.How long does it take to get to that level?How many did you acquire in your 1st, 2nd, 3rd year?What...
I'm under contract for a fully occupied multifamily property in Chicago. I'm just learning that all the units have bed bugs. I have never dealt with bed bug before. How big of a problem is this. This is a 5 unit prope...