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4 February 2025 | 24 replies
Expect to keep paying.
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27 January 2025 | 2 replies
I will definitely be in touch soon.
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22 February 2025 | 7 replies
This is crucial for keeping your finances organized and protecting your LLC’s liability status.Here are some questions to ask when choosing a bank:Fees and Minimum BalancesDo they charge monthly maintenance fees?
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23 February 2025 | 0 replies
Looking for insights from those who have recently installed geothermal or thoughts on using propane, especially if you opted to bury the tank to keep it out of sight.
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20 January 2025 | 2 replies
Basically - I want a PM who keeps the property in good shape and occupied to get paid, and a PM who is either bad at maintaining properties and finding good tenants, or just really unlucky, to not get paid.- PM charges 8% of rent, which escalates to 10% if the property exceeds 95% occupancy with rent collection. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
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6 February 2025 | 18 replies
For instance, including local snacks, a small bottle of wine or specialty coffee, and a guide to nearby attractions can add a personal touch.
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18 February 2025 | 13 replies
While using financing does mean I don’t keep 100% of the profit due to borrowing costs, it allows me to take on multiple projects at once and operate in higher price ranges than if I were only using my own capital.
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16 February 2025 | 44 replies
People voting on that are either crazy or stupid ...Keep up the good work.
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13 February 2025 | 3 replies
Rents continue to climb as well but likely not enough to keep up with increasing monthly mortgage payments when considering interest rates and soaring property values.There are 2 main schools of thought when considering investing in an expensive market like Long Island.- Robert Kiyosaki, Grant Cardone, and similar thinkers believe its best to invest in markets with higher cashflow while renting where you want to live.
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19 February 2025 | 17 replies
I would say C- and below you have to give on that more, but I would try to keep it at C on automatic.