Christopher Stevens
REI Nation Property #4 - 7320 Marrs, TX - Thanks REI Nation!
7 February 2025 | 16 replies
Still, we appreciate you and the entire REI team for your support and excellent service.
Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Good luck Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn) bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms Birmingham balt city etc etc.
Zoe Brennan
New Agent & Aspiring Investor
6 February 2025 | 16 replies
If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?
Lilia Matlov
Multi-family Residential Renovation and Restoration
29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
That is done via placing the highest quality tenant possible, keeping issues to absolute minimum, keeping maintenance and service calls to minimum, because to make it work properties have to operate on cruise-control.
Ngozi Iwunze
Renting vs selling Cumberland, MD
6 February 2025 | 5 replies
In Cumberland, a good 60+ % will qualify for this service.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
There is only a $3 difference increase to move to RentRedi, but the customer service is amazing.
Andy Jimenez
New Investor looking forward to network
26 January 2025 | 2 replies
When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
If you decide to revisit STRs, you might want to explore properties where you can project expenses independently, such as using local STR forums or online tools to estimate maintenance, management, and occupancy costs.For networking and strategy-building, you might find local meetups or groups beneficial.