All Forum Posts by: Heidi Kenefick

@Alan Grobmeier Thanks for the feedback. I’m starting to get a feeling that I should not of hired him. I think it may be time to consult with a lawyer to get out of the contract I signed. It has a clause that states if I terminate prior to 12 months then I owe what they would of collected for the remainder of the contract. Not sure how enforceable that is since they have not found a tenet... any idea?

@Jon Holdman The feedback has all been positive. I also looked at rentometer and noticed it was high, but in Greenville within a close distance are not so good areas with cheaper rent, so you have to take it with a grain of salt. I trusted the PM to know the market and know what things rent for. A lot of people buy since the cost of living is so low. There are also luxury apartments with huge club houses and pools to choose from, and not as many Single family houses... I’m starting to wonder if there is a good reason for the lack of houses on the market!

@Terre B. Thanks for the advice. I just emailed the PM to ask them to add a description and to take new pictures. Hopefully it helps.

@Jack B. Thanks for the tips. I agree with everything you are saying. The mistakes seem obvious in hindsight, but now I need actionable things I can do now.

@Kevin S. I totally agree! I called my PM yesterday and asked why they haven’t put a description. Is that even something I can edit? I haven’t been thrilled with there marketing, and I’m not really sure what to do about it.

@Amy Beth It doesn’t have a washer dryer. Initially I had wanted to leave it, but my PM advised against it. He said that it doesn’t command higher rent and that in the Greenville market people want to bring their own. I thought this was a bit crazy because I expect higher end rentals to have them, but I took his advice.

Hey BP! Need some advice!! I listed my SFH with a property management company back in May. The PM initially listed it for $1450 which was a bit high for the area, but I was not moving out until July, so he said there was some time to see if it could rent for a bit higher. The weekend I moved out, I had them lower it to $1350, and still nada. Today I spoke with them to have them lower it again, to $1300. They said in total there have been 55 inquires and 10 showings. The house was built in 2014, is in a very nice B+ neighborhood, it is a 3/2 with a fenced in yard. I can afford the mortgage payment, however, with being vancant for so long it is killing my cash flow for the year! I hired the PM to take care of it since I moved out of state. Should I look at getting out of my contract with this PM and get a different one? Should I start advertising it myself? https://www.zillow.com/homedetails/1221-Teakwood-Dr-GREENVILLE-NC-27834/102229016_zpid/ Any advice is welcome! -Heidi

BP needs a BiggerPockets.com/swiperight to find your lucky lady.

Public loans are only for federal loans that is correct, and you must have them at the fed loan servicing. Any other collector such as Nelnet or Fannie may won’t count, so you have to transfer them to fed loan serving. Not hard to do just takes a couple of phone calls. Public loan forgiveness is after you make 120 on time payments. So 10 years, but zero dollar payments count towards it. Jobs that count are anything where you are working for a non-profit. You can have just about ANY job so long as it is in the non profit sector. Police, doctors, nurses, teachers have their own special loan forgiveness after 5 years, social workers, public defenders.... basically anyone that is doing something good for their community. Not to say that the private sector doesn’t do good, but if you go into the private sector you can negotiate that they pay off your loans for you when you sign your first job contract. It’s been around since 2008, and had I known about it back then my loans would have been forgiven already!

Dachshund are actually the #1 most aggressive breed of dog. Way above Pitt bulls, Rottweiler, Doberman.... sounds like you need to ask her to go let that dog “visit” another family member and not come back.