Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
23 January 2025 | 8 replies
if anything then I would set a flat fee to pay them for their service and then if you do find a property that offers buyers agents money, in which almost all I have seen still do...then I would have the title company back out the amount you decided on and the agent gets the remainder of the amount of commission that's left over.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
If you no longer have business operations in the old state, forming a new LLC in the new state and dissolving the old one may simplify compliance and tax obligations.Some states impose franchise taxes and annual fees that could make one option more cost-effective than the other.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
The new buyer puts down 10% as the option fee, ($50,000 fee to our buyer) in this case, and we make the rate 10% to the new buyer for the monthly payment.
Ethan A.
Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
If you get cat urine in the house, it can cost you 10x the pet fee to mitigate the odor.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
A fee well spent for some types of investors.
Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
[1] You might want to think about opening 2 FDIC insured savings accounts that have no fees.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
You also implied that we don't specifically price deals for our clients and the client's "rates and fees will be much higher".
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
30 January 2025 | 5 replies
There's no cost to use, and currently $25 fee for applicants.
Jamie Parker
How are you analyzing Fix and Flips in 2025 (Mines Not Working)
30 January 2025 | 4 replies
Simply put, we start off with the As Repaired/Completed Value (ARV), then subtract from that number a reasonable profit, the rehab cost (scope of work), which we've gotten good at, a contingency reserve for any "unexpecteds", our cost of capital/carrying costs (interest and costs of the leverage used), and our costs/fees on the buy and sell sides of a flip.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.