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2 October 2024 | 11 replies
I am trying to figure out the numbers to see if it is profitable.
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3 October 2024 | 14 replies
They may be cutting into your profits, by needing to pay them off the rent roll, but they will be saving you so much time and headache in dealing with the day-to-day issues with tenants as well as finding and vetting new tenants for you.
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1 October 2024 | 0 replies
I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties.
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3 October 2024 | 11 replies
It seems like it might be a bit tight on profit.
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2 October 2024 | 4 replies
Congrats on a great profit @Janelle K.
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2 October 2024 | 16 replies
Not sure about the staging fee, but my STR property manager in Denver takes 18% of profits (does not including cleaning fees as part of the profits)
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2 October 2024 | 24 replies
@Greta AndrewsSDIRA over a insurance policy for investing purposesIf you are an agent could you do an s Corp then pay yourself like $20k then you could do a solo 401k, put the $20k (max allowed if not contributing with current employer) then the company profits can contribute like 25% so another $5k and easily put $25k a year which it’s is only around 6k or whatever the new limit
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1 October 2024 | 5 replies
If it cuts too much into your profits, look elsewhere.
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2 October 2024 | 9 replies
Like bro wtf goes on I was willing to do it for basically 30-40k profit
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30 September 2024 | 8 replies
My rental income profit now pays for all my bills.