9 April 2022 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
2 May 2022 | 8 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
12 March 2022 | 15 replies
If you don't there may be a possibility of a subordinate lien holder claiming the change of the Borrower caused a novation and therefore, they are now in a superior position.
17 March 2022 | 2 replies
If you get audited, it will cause serious pain.
21 March 2022 | 2 replies
I doubt he will pay up, but the debt on his credit report might cause him problems down the road.
15 April 2022 | 13 replies
This is the #1 cause for high water bills.
30 March 2022 | 7 replies
The deposit is to cover damages caused outside normal wear and tear.
30 July 2021 | 16 replies
If you've got a long term tenant in the 1/1 and STR guests above, that might be a bit of an annoyance and cause some potential issues.
12 March 2022 | 2 replies
As an agent, I see that clients don't always realize that they don't have to take any offer that they don't want, so there is no harm in listing.
14 March 2022 | 3 replies
If there is a mouse infestation, you know who caused it.