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28 January 2025 | 8 replies
Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.
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18 February 2025 | 4 replies
Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).
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10 February 2025 | 29 replies
A realtor who used to have a PM company called "JBS Realty" until this month.He used to manage 8 of my properties and is currently refusing to pay out multiple 5-figures worth of rents/property reserves/security deposits/unpaid utility bills owed.
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18 January 2025 | 0 replies
Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth
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22 January 2025 | 12 replies
I think this discussion becomes a lot more nuanced on single family homes because they typically are situationlly turned into rentals like yours in nicer areas.
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7 February 2025 | 5 replies
I spent 2.5 years getting all the utilities to the property.
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17 February 2025 | 6 replies
Indirect Expenses✅ Direct Expenses (Easy to Bill Back): Utilities, repairs, maintenance, vendor services (pest control, lawn care, etc.).✅ Indirect Expenses (Office Overhead, Admin, & Labor): Harder to allocate, but common methods include:2) Common Billing Methods🔹 % of Gross Rents – Many PMs charge 3-5% for admin overhead.🔹 Per-Unit Fee – Flat $10-$20 per unit/month for shared costs.🔹 Time Tracking – Track staff hours and bill properties proportionally.🔹 Software Tools – AppFolio, Buildium, Rent Manager allow bulk allocations.3) Best Practices✔ Use a Spreadsheet or Software – Track expenses by property before invoicing owners.✔ Be Transparent – Define billable vs. included costs in your PM agreement.✔ Avoid Surprises – Owners expect clarity on additional charges.
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7 February 2025 | 10 replies
Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?
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20 February 2025 | 17 replies
I would list natural and inexpensive methods of "curing cancer" that of course don't make money for the doctor and pharmaceutical companies, so they are not utilized.
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30 January 2025 | 7 replies
Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I'm an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.