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5 February 2025 | 15 replies
A typical PM for full service is around 20-30% depending on the area.Or do you mean a PM that is local to you managing your out of state STRs?
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5 February 2025 | 18 replies
Small-Scale Testing:If you're uncertain about diving into a larger project, you might want to test them with a smaller loan to see how they handle the process.
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29 January 2025 | 40 replies
As they are getting paid to provide a service.
20 February 2025 | 4 replies
Assuming you have access to MLS (Multiple Listing Service, a place for agents to list deals).1) Look for deals that look like investor-type of deals (e.g. low purchase price, ugly houses, or sometimes MLS will even say what type of financing it is)2) If the buyer's info is there, voila. 3) Otherwise, contact the realtor to look for leads (that will be more of a uphill battle, but you never know...)
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18 February 2025 | 5 replies
Quote from @Alex Brown: Seeking recommendations for a CPA or Tax Strategist who specializes in RE and REPS Status.This post should help:https://www.biggerpockets.com/forums/51/topics/1222774-expla...And none of us is allowed to offer you our services as long as this post is in the tax forum.
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17 February 2025 | 3 replies
I didn't see a minimum DSCR (or Rent to Debt Service), depending on the lender.Because I run my business myself my expenses are little to nothing above and beyond my mortgage and escrow payments.
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23 February 2025 | 4 replies
(As I navigate my service business, I've realized that there are more lucrative avenues available.
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20 February 2025 | 2 replies
E&O probably isn't needed unless you are offering advisory services.
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18 February 2025 | 5 replies
You are buying a business with yaught club services, bait and fishing, fuel, etc.
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6 February 2025 | 18 replies
Would it be legal to wholesale a family members home (est. 1M), and receive a fee for the wholesale services?