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12 January 2025 | 20 replies
As you get larger, you can typically get better management fees, but you typically won't shift from a flat percent to percent + payroll until you get closer to the 40-ish unit range.
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31 December 2024 | 1 reply
I’ve heard from Forbes that local lenders in Omaha tend ot waive fees if you bundle accounts.By the way, has anyone here used HELOC funds for mid-term rentals?
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12 January 2025 | 20 replies
Sometimes you can find a large enough company that you can sub everything out to them and get paid on a commission or flat fee basis, or you can get the property platted and sell it that way.
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30 December 2024 | 12 replies
We recently looked at a property outside our agents area (2 states away) and found a fee that was added which we questioned and were told it was a mistake and was removed . . . not sure if it was a mistake but be sure to read these new contracts BEFORE signing as things have changed since August.
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5 January 2025 | 39 replies
Most turnkey companies proforma does not tell the complete story and that is why is called "PROFORMA" OR "PROJECTION", they don't account for the true vacancy, leasing fees, holding costs, and Headache factors that come with a Class C and D properties and neighborhoods.Hopefully, they can help you get to 100% occupancy and sell the property so that you can re-invest in a better neighborhood and relatively newer property like 2020 or newer if is possible in that market, or just go to another market you understand better or have some kind of connection with.All the best and keep us posted on your progress.
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28 December 2024 | 13 replies
Both are digital-first banks with minimal fees, and Mercury in particular offers free domestic and international wire transfers for most account holders.
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6 January 2025 | 8 replies
There ae also holding costs, After the flip you have real estate fees and closing costs to pay.
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29 December 2024 | 24 replies
I have partnerships where I take a management fee off of topline and split profits from bottom line.
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28 December 2024 | 12 replies
If USPS is slow, tenant is subject to late fees and even eviction.
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1 January 2025 | 4 replies
If he opts for a townhouse, a low HOA fee will help his buying power It gets tricky using lease agreement income when purchasing a house so I do not think that idea will work.