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20 January 2025 | 2 replies
. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
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27 January 2025 | 29 replies
Unfortunately as the weeks went by my coach started pushing me to buy 50+ unit deals and to raise funds from investors.
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27 January 2025 | 3 replies
In October 2024, Arizona had one foreclosure for every 4,863 housing units, totaling 637 foreclosures statewide.
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19 January 2025 | 6 replies
I've reached out to Metron with some follow up questions of my own:What are the associated cost with each individual unit?
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17 January 2025 | 11 replies
I’d love to hear your thoughts and advice on this Team,more information here....Property Location: South FloridaRent 1 unit $1500Rent 2 unit $1200ARV: $500kPurchase price $380-385k.
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27 January 2025 | 7 replies
Or maybe even an apartment complex 20-50 units
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19 January 2025 | 11 replies
To this day, I still use the BiggerPockets Calculator for everything from 2-4 unit properties all the way up to the 224-unit portfolio we're working on closing this February.
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21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
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17 January 2025 | 6 replies
The pro development and affordable housing advocates use the term NIMBY, but I suspect it is the rare person that buys in a single family zoned area that would be thrilled to have 17 units (qp16 additional units added) in the lot next to them.My initial protege was the land source on this effort.
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24 January 2025 | 2 replies
@Daniel Cacho I’m 35 years old, have been in the game for over a decade, own 26 doors, run a property management company with 350+ units, and operate a realty brokerage with a small team of agents.