Has anyone ever heard of a rehabber by the name of Tim Bratz? A buddy told me about him and I'm curious to know if anyone has worked with him or knows anyone that may have worked with him.
If I understand correctly, since our CA rental (primary converted to rental) is owned by me and my husband and not by an institution, we are exempt from the AB 1482 rent cap rule. Problem is, we weren't aware of this change and we used an old CA lease template to get a fixed term 2 years lease si...
My rental portfolio was sitting at roughly 82% of market. Moving from conservative pricing toward a moderate-aggressive pricing strategy has the potential to increase gross rental income by $20,000 annually. I developed a Rent Estimator tool - It's a repeatable format that uses AI to research cur...
I signed a new tenant that was supposed to move in August 28th. Deposit was paid and lease signed with rent supposed to be paid on day of move in. A week before move in I get the text that they have been in a car accident and can't move in on the 28th. They are injured and have medical bills etc....
Hey everyone, I am curious if anyone has a first-hand recommendation for a property management company. I am an agent in Cincinnati and have several I love-and several not so much. Mainly curious for those that you recommend. I am always looking for new contacts/recommendations. Thanks in advance!
I want to know what is more profitable, Commertial Leasing or Student housing.
I’m scheduled to close a property on October 20th. I’m trying to get ahead of the tenant selection and screening processes. What tools do landlords use to screen tenants? I also created a RentRedi account so that’s good to go. Please feel free to give any tips and advice for my first time renting.
🔥 Sub-5% interest rates aren't dead—you just have to know where to look. Something we must not overlook in the Current Market!! Right now New Construction is averaging less expensive than Resale. Typically new construction has always been more expensive that Resale Properties! This creates an ama...
One thing I’ve learned from working in multifamily is that owners often look at occupancy as the headline KPI. But occupancy doesn’t tell the whole story. I’ve seen properties sitting at 90%+ occupancy while still dealing with: • Units sitting vacant too long between residents • Make ready delays...
Does anyone know how to purchase a rental in Chicago?
Hey all, some advice would be helpful today! I bought my first rental last fall. Their leases expired and they went MTM. Great tenants so far. I am going to drop off a new lease for them. If they have been tenants here for a while, and have renewed lease previously, are the addendums necessary? I...
Hi, I have a Single Family Home that is currently vacant and I am looking to rent it for a 1 year lease. I received a request from an applicant to rent my SFH for 1 year, but he wants to be allowed to sub lease it as an AirBnb. Should I allow him to do this?
No-pets is the default for a lot of owners. Feels like the safe call. The vacancy math tends to say otherwise. Two things that rarely get weighed before "no pets" goes on the listing. First, the pool it cuts. Around 58% of renters have a pet now, up from 46% before the pandemic. Zillow ran 11 mil...
I am tired of all of the phishing scams, fake listing scams, fake renter scams etc. on the major listing platforms. Zillow is full of scams, FB isn't much better, CL is outdated technology that nobody users except for scammers anymore. What platforms are people using to rent vacant units that are...
I wanted to get some insight from any Property managers in the Cleveland area. I wanted to get a general idea of the area. What are the economic centers and where are they? How is the public transportation? What are the average rents and what are some if the challenges to anticipate?
Hi all. First time landlord here, about to buy my first rental in the Twin Cities. I posted elsewhere on BP asking how people find contractors, and the near universal answer was referrals from other contractors, agents, or PMs, tested with a small paid job first, then tracked over years until you...
Hello! Future first-time landlord here, about to start shopping for multi-family rentals in the Twin Cities. Before I buy, I’m trying to learn from people who’ve already been through this. For those of you self-managing 1-5 units: how do you currently find contractors you trust (plumbers, electri...
Hey BP Fam. Just curious what other operators and investors experience has been dealing with section 8 over the past few years in Massachusetts and New England in general? From my experience, section 8 seems to be pulling back and pushing back on rent increases and cutting costs whereever they ca...
Hello, I was planning on retiling a home- it is currently unoccupied . The current tile is popping off and cracking in many spots all over the home and the tenants just moved out. While tenants were living there tiles were cracking at the bottom of the shower. I wanted to also address this while ...
How much above fair market rent should I charge for tenants wanting to rent my 4 bedroom house to use as a residential care facility?
Earlier this week I posted about the gap between signing a voucher lease and cashing the first HAP check, and argued that first-try inspection passes are the single biggest lever a landlord controls. Fair enough to ask: so what's actually on the list? Here it is. Memphis operator, since 2003, maj...
Here's an interesting post by a security expert who was initially fooled by a rental phishing scam: https://jeffreyladish.com/anat... It shows that the scammers are getting better and more sophisticated, where the applicant was sent a link that looked legitimate but actually sent him to a phishin...
For landlords who manage their own rental turnovers: what part usually creates the biggest delay for you—getting access to the property, completing the inspection, building the scope, waiting for estimates, making repair decisions, contractor scheduling, change orders, or final quality control? I...
Hi all- I have a quick question which I'm pretty sure we know the answer to, but just want to be sure we're not missing something. We have a tenant in Bremerton, Wa who got a dog- dogs are permitted with prior authorization and a deposit. They didn't get a prior auth and our property manager told...
Memphis operator here - rentals since 2003, few hundred doors, majority Section 8. My last post about voucher-vs-market tenant quality got operators from four states comparing notes, and one theme kept surfacing that deserves its own thread: the clock between signing a voucher lease and cashing t...