I had watched it drop $15k just in a 30 day period brining it back down to the price they had paid in 2023 before their rehab.

Its dashboard is so cluttered, it hard to see who has paid and who hasn't.

@Gene PanicciaManagement fees vary, but it's not uncommon for a PM to charge fees for managing tenant-paid utilities or coordinating repairs.

Was paid sales commission to sell it to myself.

Actual cost takes into account depreciation so complete destruction of a property could leave you under water in terms of the amount paid for the loss.

That's why it's important to be confident in your team so you feel like everyone is working together towards a common goal (good investment for you, agent gets paid for their support). 

I suspect this is what you paid $1600 for, Alicia.

In the past we dealt with one guy, we paid a little higher interest but the ease was great. 

I would like to purchase another property so I looked into a heloc and a cash out refinance and it looks like I would qualify for about 75000 max which would be enough to put a down payment on another property and rehab it, but I still haven’t paid myself back from the original property rehab.

Having a mentor was part of the $35k we paid.