All Forum Posts by: Jordan Myer

Hello BP Cleveland investors. I'm a new investor in Cleveland and I'm wondering if anyone out there can give me some references for some property management companies you like and/or if there are any I should stay clear of. Thank you in advance!

Make sure you check google reviews!

0 Votes

Cleveland, Ohio

Quote from @Katherine Tam:

Can anyone share their experience with Evernest Kansas City MO? thanks in advance.

Hey Katherine! Just stumbled upon this thread - Did you end up going with Evernest?

0 Votes

Quote from @Vincent Antinore:

Hi All,

I bought a duplex in the beginning of February with tenants. They both are low income and have a hard time making ends meet (paying me). They were on a month to month lease with the prior owner and have not yet signed my lease. I'd like to simply part ways and serve them non-renewal papers. Do I still need to evict them? If they are month to month do I still need to provide them more than 30 days notice? (tenants for a little under two years

Thank you

Sounds like they are currently on the month to month lease? If so - what does the lease say when it comes to notice? usually month to month is 30 day notice.

If they aren't under the month to month lease then you have squatters (fun!) What do your local laws say regarding squatters? In KC it means you have tenants and they have to be evicted

0 Votes

Upstate New York, New York

Quote from @Alex Moazeni:

@Glen Wiley actually in your case I am going down $100.

My current rent is $2400 and they asking for $2200

Why does she want it lowered? That's less than what she has payed over the last 2 years... Sounds like she may have financial problems or is anticipating something popping up in the future

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Quote from @Will Reed:

So I have a tenant who recently moved out of my residence on good terms, actually helped me find some one to take there spot who has been a fantastic tenant so far. They recently came to me asking if they could rent space to put an RV on the triplex that they originally were renting in.

So I guess my question is how much or should i even let them do this, they were a great tenant when there paid rent on time and early, then they hit hard times and couldn't afford the unit they were at any more. So I guess im looking for advice.

Sounds like more trouble than it's worth. Walmart allows RVs to park over night for free FYI

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Quote from @Edward Messer:

I have a verbal quote for 14% of monthly rents for 3rd party property management. I know typical rates are 8-10, sometimes I've seen 12%. But could a PM be rock star enough to warrant a 14% rate? I just can't see the value in it, but I've never used a PM. My property is in a college town 3 hrs away.

Check google reviews! Best way to gauge a PM

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Indianapolis, Indiana

Quote from @Kathleen Dylan:

Tenants are leaving after 18-month lease. What must they do for return of Deposit? Return property to same condition when the lease began? Clean? Paint? This is my first rental and tenant and I'm meeting with them tomorrow to discuss. Thanks!

Easy answer is yes, must be in the same condition as they moved in, deducting any repairs needed from their deposit. However, nothing is easy in California, especially as a landlord, so best of luck!

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San Jose, California

Quote from @Keenan B.:

Hi folks, I've been a landlord for years but have yet to use a property management company.

I’m wondering if anyone in the Portland area has property management companies they would recommend?

Or from anyone outside of the area, any general advice from your experience on how to find a solid property management company?

Check google reviews. That is the best way to find out what other landlords and tenants think about them

0 Votes

Portland, Oregon

Quote from @Conte Cuttino:

Just bought a long term rental in Florence, SC with a non-working pool (ripped liner & old mechanics). Should I leave as is and cover it with a mesh cover for $2800 (really considering this), put a new liner in for 8k (not including new mechanics), or just fill it (don't know the cost on filling at this time)?

I'd cover it with the mesh cover and then put some sort of fence around the pool so a child or pet doesn't walk on top of it

1 Vote

Charleston, South Carolina

Quote from @Maggie Stockin:

The lease says: LL at sole discretion will take pest control measures for up to 60 days.

Sounds like after 60 days you are off the hook. I'm assuming the lease was written by/checked out by a real estate attorney?

0 Votes

Denver, Colorado

All Forum Posts by: Jordan Myer

Jordan Myer has started 0 posts and replied 82 times.

Post: Property Management Company

Post: Experience with Evernest?

Post: Removing inherited tenants

Post: Rent decreased even Lower than last year lease

Post: Tenant wants to have RV on land

Post: Is 14% ever worth it?

Post: End of Lease: Responsibility of tenant for return of Deposit?

Post: Advice on finding property management? (Portland, OR)

Post: Rental w/Pool Cover, Fill Or Fix?

Post: Pest Control - Can tenant take some responsibility for payment to exterminator