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28 January 2025 | 6 replies
Feel free to reach out if you have any questions!
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30 January 2025 | 12 replies
I have some free time tomorrow and can demo it for you.
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22 January 2025 | 10 replies
I don't remember exactly but it was around $10k total for labor and the 2 new boilers.
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27 January 2025 | 3 replies
Feel free to PM me, we can bounce ideas around.
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29 January 2025 | 6 replies
I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!
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29 January 2025 | 11 replies
Please feel free to connect if you have any questions.
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22 January 2025 | 16 replies
Yes, you should screen all tenants over 18 and make sure to note the total number of occupants.
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7 February 2025 | 22 replies
Some are owned by my ROTH IRA and are making tax free cashflow.
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22 January 2025 | 11 replies
Feel free to reach out if you want to connect.
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26 January 2025 | 2 replies
Unfortunately, it's now going to get more complicated:(There are two types of approaches PMCs use to bill for maintenance:1) In-house ServiceTechs on the payroll, so owners are billed for their time by the hour.While the labor charges above are useful, they don't cover the true costs a PMC incurs, like:- Payroll costs for FICA, Social Security, Medicare, etc. that typically add 25-40% to the hourly rate- Medical insurance costs for the worker- Payroll processing costs to handle all of the above- Liability insurance costs in case worker damages something or injures someone- Workman's Compensation insurance- Costs of vehicles and tools- and more...Typically the management contract will disclose the total hourly rate an owner will be charged.