
20 January 2025 | 2 replies
. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.

15 January 2025 | 5 replies
How do I search for this?

25 January 2025 | 12 replies
Without that network, self-management would have been nearly impossible for me.Here are a few thoughts based on my experience:1.Showings: From out of state, you’ll likely need to rely on a trusted person to handle this.

23 January 2025 | 21 replies
You can also use online resources such as City Data to search demographics in the area.

19 January 2025 | 18 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

20 January 2025 | 9 replies
His work products and many others can be found with simple google searches for free online.

15 January 2025 | 9 replies
I can search it but same deal, the search engines don't evaluate the results.

22 January 2025 | 9 replies
This is a post based off of curiosity.

20 January 2025 | 1 reply
Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.
15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .