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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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28 January 2025 | 9 replies
So, the actual increase to market rent will be much lower.
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29 January 2025 | 4 replies
., Smyrna, Decatur, Marietta), new construction or turnkey rentals for lower maintenance, or small multifamily properties for stability.
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29 January 2025 | 27 replies
And talking with my leasing team, the properties that are moving quicker are on the lower end of the rental range $1450-1600.
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28 January 2025 | 1 reply
It will give you a lower interest rate on both properties because you bought them as owner occupants, and it will require less down payment to get into.
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7 February 2025 | 5 replies
Your starting depreciable basis should have been the LOWER of what you paid or the FMV in 2010 when you converted it to a condo.
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7 February 2025 | 17 replies
It's also nice that they have their own recommended insurer, those rates are much lower then what I would pay up in the northeast.
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29 January 2025 | 22 replies
Generally buying in nicer areas leads to better experiences and confidence in your investing, but lower cash flow when you move out.
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22 January 2025 | 9 replies
I'm also considering Halethorpe because it's a good commuter location.Some people really like supporting the city in which case , northeast Baltimore would seem to the best place to buy a single family, in my opinion given the taxes situation and given that none of those areas are walkable I’d rather just be in the county and pay Lower taxes, and it’s not like northeast Baltimore is much that much cheaper than Baltimore county, hathorpe is mixed, arbutus is nice, I hate the housing stock there, would rather be in Catonsville if I was considering western Baltimore county.
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24 January 2025 | 0 replies
It's OK to be more tenacious with negotiating down, and make the most out of a slowing market to buy at lower prices.