Ginger Vaadi
Cash flow vs 50% rule
16 November 2024 | 6 replies
@Ginger Vaadi I would agree the 50% rule probably more accurate over time.
Michael Dallas
Presenting a Deal to a Private Lender
16 November 2024 | 7 replies
I have already talked to a private lender of mine that tentatively agreed to lend on the deal.
Michael Moreno
Question Regarding Depreciation
16 November 2024 | 6 replies
Hi Michael,I agree with Michael Plaks.
Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
I like @Tim Ryan's response best. 100% agreed!
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
I do agree going local is a good move, just run the numbers on the scenarios.
Kyle Deboer
how do i find underground markets to buy real estate
18 November 2024 | 24 replies
Agree with the statement good value is found in Ohio.
Shawn Dandridge
RE Agent Fee for Rental
17 November 2024 | 9 replies
@Shawn Dandridge we 100% agree with @Nathan GesnerSuggest you find a PMC in the area that will just do Placement Only.They'll be better at it than 97% of real estate agents.
Kevin Lorick
My property manager deposits rent into his account before paying me, is this normal?
15 November 2024 | 13 replies
They collect the rent, deduct their fee and any other expenses they are allowed/required to pay on your behalf, then they distribute the remaining funds to you.It's critical that you review the property management agreement and understand what you agreed to.
Kaven L.
Should a PM walk the property before dispatching a plumber?
21 November 2024 | 21 replies
I agree it doesn't seem like they have my best interests in mind.
Jason Porto
Reserve Fund Contributions
18 November 2024 | 12 replies
I agree with the "it depends" approach when it comes to determining reserves, but generally, it should align with the age and anticipated maintenance needs of the property.For example, we have a duplex built in 2003 with the original AC units and roof.