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2 January 2025 | 50 replies
Of course the goal should be on the first page by anytime but that is usually bad ROI since the price is the biggest factor on the rank.
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7 January 2025 | 3 replies
State taxes may also apply.To minimize taxes, aim to reinvest the full proceeds into the replacement property, including closing costs and fees.
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2 January 2025 | 12 replies
Quote from @Briley Roe: yes those fees are very high as you have a broker fee and other fees for a loan little over $100k at 6+ points.
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7 January 2025 | 6 replies
It simplifies the process since Zillow handles credit, income, and background checks for a small fee paid by the applicant.Background Check Services: If you prefer not to use Zillow, consider using services like MySmartMove or RentSpree.
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9 January 2025 | 12 replies
As noted above, up to 50% of gross rental income normally gets eaten up by expenses (taxes, management fees, utilities, landscaping, repairs, capex, etc).
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4 January 2025 | 18 replies
@Michael Darten Most property management agreements have the monthly PM fees based upon a percentage of rents collected.
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7 January 2025 | 7 replies
You will also want to make sure your fees are in line or below market and your pics are excellent.Check out Tripshock also for tix.Good luck!
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7 January 2025 | 13 replies
I reply firmly that the rent has been late for the past two months as well as this month and she will have to vacate the property.Again, crickets...There are few days until the 10 day notice period expires and I can formally file for eviction.So I reached out to lawyers in the area and they ask for retainers up to $3k and some $300 consultation fees.
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5 January 2025 | 7 replies
Having all Section 8 tenants may cause you to have a higher cap rate on your exit due to a higher headache factor surrounding Section 8.
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7 January 2025 | 5 replies
The tenant hasn’t been the greatest: late payment with not always paying late fees, multiple complaints from the neighbors, changing phone numbers, ect .