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23 January 2025 | 10 replies
I was considering having a lawyer draw up a baseline loan doc and make tweaks to it on a per loan basis.
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5 February 2025 | 4 replies
Best of luck with your property management company!
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6 February 2025 | 10 replies
Any PM software should be able to do everything you mentioned.I am not a PM but I am an Accountant/CFO for PM companies and real estate investors.
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15 February 2025 | 21 replies
I own a property management company in WA, including Yakima.Here’s a rough breakdown of costs:- Management: 15-30% of revenue- Cleaning: $100-$200 per turnover- Utilities: $150-$300/month- Maintenance: 5-10% of revenue- Insurance: $1,500-$3,000/yearTools like AirDNA or Mashvisor can give you a solid idea of income and occupancy.
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24 January 2025 | 2 replies
I’ve been contacted by the Angi company but I’ve read a lot of negative comments regarding how the treat their contractors.
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25 February 2025 | 12 replies
Plus, multifamily often appreciates faster in growing markets.Challenges: It’s a steeper learning curve—financing is trickier (think commercial loans), and you’ll need to understand occupancy rates, maintenance costs, and tenant turnover on a bigger scale.
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27 January 2025 | 4 replies
Those loans take about 45 days to put together.
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26 January 2025 | 0 replies
I financed this deal on a 30yr conventional loan and I put 11,000 down with a 6.625% interest rate.
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24 January 2025 | 6 replies
Doing so will seperate your investments from your personal assets and protect you from liability. also, one thing you may not know is that you cannot get a conventional loan with an LLC.
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25 January 2025 | 2 replies
I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.