Hi, I’m a landlord this is my first property and first tenant. I use to have a property manager and he was terrible. He never answered his phone, always gave me the rent super late and always told me he Got someone to...
Do you feel it’s appropriate to negotiate fees and structure with your PM?
Do you ask your manager to follow your personal guidelines (mandatory renters ins, lease terms, etc) or do you just fall into your PM’s “typi...
Lets get creative!!
I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.
I'...
Anyone know the cost of a property manager in Oakland California?
I'm starting a real estate bookkeeping company with my wife who is a CPA and has been accountant for 10 years. We are going to charge more than outsourcing overseas but less than a typical US based co.What demand is o...
Isn't it just cash directly into your net worth?
When everyone talks about clearing $100 a month for their rentals are they counting principal paydown as part of income or expense?
Hi BP Community, I have a triplex under contract that I'd like your help in analyzing. I have experience with single family homes, but none with multifamily.The contract price is 215k. Rent between the three units i...
I wanted to create an LLC and have the entity purchase a duplex in order to protect our personal assets from a potential settlement-hungry tenant. We found that no lender will structure a deal where an LLC buys the d...
What does everyone think? I have been saying it for years, Cleveland is a hidden gem and investments here are better than ever. Always need to be careful in regards to which neighborhood you select, but almost everyth...
I've never sued anybody but my ex property manager was so negligent that I'm seriously considering it.
Can it be done? Any tips on how to do it?
The negligence includes:
improperly screening 2 ten...