All Forum Posts by: Brittney Wright

@William Dedelow Do you have recommendations on PMS in Jacksonville?

Hi, @Dillon Cook

Do you have recommendations on co-living property managers that service Jacksonville?

Did you mean PadSplit? That is the platform that I use to rent out the rooms. I am specifically looking for a property management company

Hello! Does anyone have recommendations on property management companies for co-living spaces? My properties are in Jacksonville, FL. Thanks

@Doug Smith Yes, I put 25% down on my last investment which is what was required by my lender, whom I like. I am trying to scale with larger properties (10+ unit bldgs.) so I am exploring different funding strategies beyond zero down and including OPM

Does anyone have strategy recommendations for purchasing multi-family properties with zero-low downpayments? I have purchased one duplex using my own money and am looking to scale but wanting to leverage OPM or low or zero downpayment funding options. 

I purchased my first duplex and have kept the tenants on MTM to see how they do. I just received the appraisal for 2024 and the assessed value will increase $28K, increasing my taxes $600 if the tax rate doesn't increase. I will not know what the tax rate is until December. Would you recommend increasing the rent now knowing the taxes for this year will be approximately $600 ($50/month or $25 per tenant/month). My taxes are paid through escrow so I will need to make sure I am whole when taxes are due come December of this year. How do you all handle annual increases to adjust for taxes and potential insurance hikes and would you have them sign a new MTM agreement or add an addendum? The property is in Milwaukee, WI. Thanks!

I am closing on a duplex today and I have two units that are MTM. I am going to put them on leases but am wondering if I need to run background or credit checks on them first. Do I need to request them to send me copies of their drivers license so I know exactly who they are? This is my first rental so just making sure I’m doing things right. I don’t plan to increase their rent at the moment and they have been there 8 and 10 years so long term tenants. Also, any recommendations on sites to get leases from? 

Has anyone used honeycomb insurance or familiar with them? What has been your experience 

Hi, @Jason Smith I just received a quote from HoneyComb for a duplex and they are much cheaper than other carriers. Did you end up going with them and how has it been?