
8 January 2025 | 11 replies
I would be interested in connecting for the Washington team position for both purchasing agent and professional property management.

7 January 2025 | 13 replies
@Isla Arshad, you've described the experience of many landlords who manage their own properties.

8 January 2025 | 5 replies
Logical Property Management are actually my property managers.

10 January 2025 | 23 replies
Find a good property manager that you can bend their ear.

12 January 2025 | 8 replies
That is amazing -Where did you manage to double the value on an 8 unit in a short period of time

12 January 2025 | 185 replies
For example, stating a component of fraud, or theft by swindle.

7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.

28 December 2024 | 12 replies
I would consider getting out of property management and getting into cleaning IF you think they are doing better than you .

9 January 2025 | 9 replies
You are probably better off going with one that has a branch you can visit and get to know the management.

9 January 2025 | 12 replies
Taxes, maintenance, vacancies, management are all different on each property.