Douglas Skipworth
Do you track your net worth?
22 April 2024 | 39 replies
Shoot, even just witnessing what an expensive vehicle can do to your net worth every month is worth the exercise.
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
*** RANT ALERT ***G'Day everyone, Since this thread has garnered a lot of comments and attention from investors looking to invest with our company, I thought I should compose a post and set the tone on a few things that have been really pissing me off.Over the last 5 years I have witnessed countless investors buy just ONE property from our company (Or other companies) and then complain about not being rich or achieving financial freedom.
Robert Zajac
Questions/concerns about normal PM fees/expectations for Cleveland Ohio
18 April 2024 | 12 replies
More details/example fees: Management Fee: 10% of gross rent collected, $50 minimum per unit.Leasing: One full month’s rent upon execution of a leaseOther: 10% will be added to each invoice for any repairs, maintenance, improvements, landscaping, and snowremoval for the Property 50% of late fees collected $50 lease Renewal Fee $50 per utility turn on $25 posting 3 day notice $100 per court appearance witness fee $50 tenant removal with bailiff or police $50 to meet inspectors for housing voucher programs, occupancy certifications, and/or POS or rentalinspections Broker may charge to offset Broker expenses for postage, key copies and other misc. expenses $100 set up fee $120 annual consortium fee ($60 March 1st, $60 Sept 1St)Given all this, how do I input it when I'm making calculations for a potential investment (do I put this in as >10% like 12%, 15% or 20%?
Les Jean-Pierre
Distressed Sellers in NYC
12 April 2024 | 13 replies
There have been some negative news articles recently accusing them of preying on people in lower income neighborhoods but by reading them you can find the basic process.
Lilly Fang
First time working with a wholesaler. I asked for one more walk-through. unhappy
13 April 2024 | 29 replies
The PinPoint guy is accusing me of renegotiation.
Sanjeev Advani
Navigating the Stable Seas of the Real Estate Market: Opportunities for Investors
11 April 2024 | 0 replies
Additionally, targeted support for construction projects helps to alleviate some of the supply shortages, further stabilizing prices and availability.Technological Advancements: A New Frontier in Real EstateThe real estate sector is witnessing a transformative change through technological advancements.
Shivam Patel
Would you recommend investing out of state for a beginner?
12 April 2024 | 36 replies
I've witnessed taxes double or even triple in some cases.
Alexander Szikla
Privates and “Publics” (State and Local) vs. The Big, Bad Wolves of Wall Street
10 April 2024 | 0 replies
This shift underscores the advantages of private money’s agility and long-term outlook, unencumbered by the need for committee approvals or short-term returns.Recently, large funds have been facing challenges due to immobile private equity assets (worth $3.2 trillion) as a result of reduced dealmaking and a slower IPO market leading to delayed investor returns.Meanwhile, state and municipal governments have witnessed a remarkable surge in borrowing to fund affordable housing initiatives totaling nearly $9 billion.
Josh Edelman
Market Recap for April + News!
9 April 2024 | 1 reply
Here in southern Nevada, we'll witness a partial eclipse, with exactly half of the sun obscured by the moon between 10:12 a.m. and 12:30 p.m., reaching its peak at 11:20.
Jeremy Anan
Need Advice: Suspected Identity Fraud in Rental Application
6 April 2024 | 6 replies
While I don't want to jump to conclusions, the picture on the ID is 100% inconsistent with the person I have seen.I understand the seriousness of accusing someone of identity fraud without concrete evidence, but I also have a responsibility to protect the interests of our property and existing tenants.