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6 February 2025 | 17 replies
I have my eye on two properties.
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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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29 January 2025 | 11 replies
VRBO shut down two of our properties in JT and Yucca Valley, CA due to accusations of price gouging after the LA fires.
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7 February 2025 | 6 replies
Hey guys if a city worker who can buy properties for half off on the land bank as part of there benefits would it be worth it.
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16 January 2025 | 2 replies
Freddie Mac only offers financing for single properties they do not offer 'Portfolio loans" meaning bundle them all into one loan.
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28 January 2025 | 0 replies
I am just out side of Elkhorn, WI and selling our property the is 5 blocks from the lake.
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21 January 2025 | 6 replies
I currently use Gold Key Property Management in Anderson IN, and have been very happy with there services.
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30 January 2025 | 0 replies
Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.
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6 February 2025 | 16 replies
Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.
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31 January 2025 | 11 replies
Many states have discounted property taxes and lower yearly increases for owner occupied properties.