Hey everyone, For about two years I was paying a property manager 10% on 5 units averaging $1,200/mo. That's $600/month, $7,200/year — and honestly, I was still doing half the work. Approving maintenance, chasing updates, answering tenant questions they forwarded to me anyway. So I fired them and...
Hi everyone, I'm just curious if you have had a situation that you had to charge the tenant for damages. A little background: tenant put in a maintenance request for slow draining bath tub (over a couple of weeks). I spoke with my maintenance guy who sent me a plumbing product that she could try ...
A property manager told me his owners are worse than his tenants. Is he wrong? I've been talking to property managers for a few weeks, mostly smaller shops. I assumed tenants would be the worst part of the job. Every one of them said tenants are manageable - it's the owners that wear them down. O...
When a property remains vacant longer than expected, reducing the rent is often the first recommendation. That may be appropriate but only after identifying where the leasing funnel is actually losing momentum. I evaluate vacancy performance across four conversion points: Listing visibility to qu...
Happy Thursday everyone. Three more observations from the self-managing side of rental property. Three Landlord Tips 1. Vacancy can affect your insurance coverage. Some insurance policies restrict certain coverage after a property has been vacant for a specified period. The rules vary by policy, ...
Fellow investors, if you are using Mynd Management, please audit your Cash GL Detail ledgers immediately. Mynd Management is not just grossly incompetent; their accounting system actively misallocates funds, and they fraudulently bill owners to cover up their own property neglect. Here is exactly...
I’m a small landlord in the Boston area and considering offering a rental turnover coordination service for landlords who don’t need full property management. Think coordinating cleaners/repairs, scheduling vendors, providing access, checking completed work, and keeping the landlord updated. I’m ...
One calendar is fine for birthdays. It is not enough for rental deadlines. For each property I want three dates, not one: the renewal lead date, the hard expiration date, and the proof date after the work is actually done. Lease renewal, insurance renewal, and inspection follow up are different c...
We do something in our property management company that I know some landlords and PMs disagree with: We require an application before we schedule a showing. I've gotten some pushback on that recently, and I understand the argument. We're intentionally adding friction at the top of the funnel, and...
Hey BP fam, Turnover absolutely destroys cash flow. You can run the numbers all day, but if a unit sits empty for a month, it wipes out a huge chunk of your annual ROI. So, what is the secret to keeping great tenants for 3-5 years? Fix things fast. When tenants have to chase a landlord for a week...
Every rental owner eventually hits the same fork: rent it or sell it. After 35 years of investing, here is the honest way I think through it, and I would like to hear how others weigh it. Lean toward selling if the numbers do not cash flow after honest expenses, the market has peaked for your blo...
Looking for feedback from experienced landlords/investors on a security deposit dispute and what you would consider ordinary wear and tear versus tenant damage. I had a 14-month lease on a furnished rental in Charlotte, NC that I used for rental arbitrage. The security deposit was $2,700. I absol...
New CRE owner here. One year into owning a 6 year old 8000 sf flex space that my main business leases 1/3 of with 2 other tenants. All NNN leases and predictable CAM except this past year we had to reseal and stripe the parking lot for the first time. I envision this to be part of CAM. Would you ...
For those buying distressed or value-add properties in Cleveland, where do you find things tend to go wrong most often? Is it accurately estimating the rehab before closing, finding reliable contractors, staying on budget, managing the project from out of state, or getting the property rent-ready...
Hello everyone, I am looking to invest in the Birmingham area. Does anyone have a recommendation for a good property manager in the Birmingham area? I want someone who is pretty responsive throughout the home buying process also.
Hi All, I am trying to find a property manager for a property that I own in Smyrna, GA. How do I look for good one and what are the right questions to ask to avoid and future issues. Thank you, Akshay
Our PM has gone MIA, so we need a new one. Blueprint called me through Bigger Pockets referral finder program. If you have experience with them handling your rentals I'd appreciate your thoughts (here in the forum or a call, whichever you prefer). Thanks.
I need to find best option, ChatGPT suggested Netlify.com but wanted to see all options before I have my developer connect it and go live. I already have the site built and ready to go.
As we head into fall here in the Denver metro area, I've been revisiting snow removal clauses before lease renewal season kicks in. Denver and several surrounding cities have ordinances requiring property owners to get sidewalks cleared within a set window after snowfall — but a lot of leases I'v...
Curious how other landlords/property managers here handle this. When you need to send something formal to a tenant (late rent notice, lease violation, notice to cure, etc.), what's your actual process? A few things I'm trying to understand: Do you mail it yourself (certified mail, regular mail), ...
I know a building with four apartments on the top floor. Years ago, one of the owners started having problems with the roof. Leaks. A team of roofers came. They repaired it. It leaked again. Another team came. Same story. At some point even the professional building manager seemed to more or less...
Hello all hope you all had a great week! So our tenants moved out and left a huge mass to us. Overgrown lawn, a lot of trash and personal furniture and stuff left behind. The house will need extensive cleaning and painting, repairs, etc.. And they owe us rent too but they expect their deposit bac...
Hello fellow Landlords, I am owner of a 14 unit apartment building in Baltimore. When I took it on 2 years ago it had only 2 paying tenants, and required a lot of repairs to the building and each unit. I live a 4 hour drive away from the apartment building, and so can visit it only once a month o...
Hi, On 8/21/2026, both me and the tenant e-signed a 1 year lease(apartments.com standard lease) for a SFH. Her move-in date is 9/4/2026. In regards to the security deposit, the lease mentions "Resident agrees to pay a Security Deposit equal to $2,500.00 on/or before signing of this Lease.". After...