Charlene Kingsnorth
Private Lender Loan Servicing Software Fees
15 January 2025 | 15 replies
Pretty much all lenders in business to lend money will charge a service fee to the investors.. and take it out of the gross monthly payments..
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
17 January 2025 | 33 replies
My best understanding from talking to reps is they have one local employee (in addition to vendors like cleaners, landscapers...) per 10 listings/properties.
Connor O'Brien
List Price for CHA rental chicago
2 January 2025 | 9 replies
In Chicago you request a CHA Burden sheet and that gross number minus utility allowance will be what you get in addition to making sure bedroom size is adequate.
Kris Lou
PM Fees in OH
26 December 2024 | 7 replies
Thanks.PM fees in Ohio typically range between 8–10% of gross income.
David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Do you happen to have long term % of gross rent of combined maintenance/repairs/turnover costs/CapEx ?
Alex Silang
Mass deportations: will it affect rental markets?
19 January 2025 | 22 replies
This needs to happen in the cities with demand and in the cities that have no demand, but only after there's incentive for companies to grow in those cities.If you're a small cap company with less than 5,000 employees, limited debt, then these cities in the middle of Arkansas, Ohio, some other **** state, need to incentivize you to come here and move/create your HQ here.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
19 January 2025 | 8 replies
BTW you said you have a 9-5 so keep in mind you cannot double dip on the employee 401k contribution.
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
I know that the tenant currently makes $33,144 gross a year which would be $2,762 a month.
Jonathan Small
Case Study: Cockroaches to Cash Flow
30 December 2024 | 1 reply
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
Most of the work will be following up with warm leads already.)When you say you’re taking a job, will you be an employee on salary + commission or an independent commission only “contractor”.