Michael Ludwig
50% rule and 1% rule?
28 September 2024 | 8 replies
Key for todays market is knowing your strategy with ultra detailed methodical planning, supported by solid data for viability, master of analysis, and action ready on the drop of a dime.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
The government isn’t giving these lenders a dime.
Josh Carpenter
Extra Guest Fee: Good idea, bad idea?
25 September 2024 | 8 replies
It feels like nickel and diming.
Josh Ennis
Advice for Aspiring Spec Builder?
25 September 2024 | 6 replies
Learn on someone elses dime.
Zack Korenstein
Who has moved forward with Royal Legal Solutions?
27 September 2024 | 44 replies
Well I've had custom quotes ranging from 3k to significantly above already and it didn't cost me a dime to speak to their attorney.
Jeremy Altdorfer
I'm going from going from duplexes to 24 units and I don't want to F*** it up.
22 September 2024 | 8 replies
Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success
Alex K.
Property Manager Question
25 September 2024 | 11 replies
Nickle and diming on questionable charges such as late fees for funds that were never paid, but rather taking out of funds that you had possession of the entire time just leaves a bad taste.
Michael Quarles
What Happened to BP?
24 September 2024 | 27 replies
I'm a small-town Wyoming boy that doesn't make a dime from all my efforts in BP, but I enjoy networking, learning, and helping others grow their business.
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
24 September 2024 | 49 replies
You cannot charge one dime more nor a "pet fee" because service animals are NOT pets.If the applicant wants special features such as a wheel chair ramp, etc they MUST install that at THEIR expense and you can require them to bring the property back to its original configuration at the end of the lease at THEIR expense.
Justin Brin
Will you rent your house for short term rental arbitrage?
22 September 2024 | 41 replies
If you did, then you wouldn't make a dime.