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31 January 2025 | 0 replies
Both units rented at $1500/mo with all utilities included.
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31 January 2025 | 2 replies
Property managers have established vendor relationships and can handle issues quickly.Cons of Hiring a Property Manager❌ Lower Profit Margins – Management fees (typically 8-12% of monthly rent) eat into your cash flow, which can be a dealbreaker if your margins are tight.❌ Less Control Over Tenants & Maintenance – You won’t be as involved in selecting tenants or overseeing repairs, which might lead to decisions you wouldn’t have made yourself.❌ Not All Property Managers Are Great – A bad property manager can neglect your property, overcharge for repairs, or poorly handle tenant relations, leading to unnecessary headaches.Which Option Is Right for You?
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16 January 2025 | 1 reply
Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.
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30 January 2025 | 13 replies
If you want to run your investment like a business you 100% need to establish a solid screening process that makes placing tenants in the future easier.
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30 January 2025 | 4 replies
🙏☺️ I completely understand where you’re coming from & you’re right that owning real estate is a key step toward truly being an investor.I’m still new to the game, but I have a solid plan in place to move toward ownership & establish myself as a real estate investor.
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14 February 2025 | 6 replies
Once renovations are complete, carefully screen tenants, set clear house rules, and consider furnishing the units with utilities included to attract reliable renters.
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11 February 2025 | 4 replies
A solid broker has established lending relationships.
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23 February 2025 | 5 replies
If the owner pays for all utilities, you'll definitely want copies of BGE bills.
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22 February 2025 | 8 replies
Land is valuable as I could purchase a new mobile home and install and less costs since utilities are already on the land.
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1 February 2025 | 9 replies
@Daniel Baker I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.