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26 January 2025 | 2 replies
Unfortunately, it's now going to get more complicated:(There are two types of approaches PMCs use to bill for maintenance:1) In-house ServiceTechs on the payroll, so owners are billed for their time by the hour.While the labor charges above are useful, they don't cover the true costs a PMC incurs, like:- Payroll costs for FICA, Social Security, Medicare, etc. that typically add 25-40% to the hourly rate- Medical insurance costs for the worker- Payroll processing costs to handle all of the above- Liability insurance costs in case worker damages something or injures someone- Workman's Compensation insurance- Costs of vehicles and tools- and more...Typically the management contract will disclose the total hourly rate an owner will be charged.
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12 February 2025 | 8 replies
•For your next purchase, check if you can leverage FHA financing again—it’s one of the most powerful ways to scale quickly.Resources to Learn More•Due on Sale Clause & LLC Transfers: Nolo.com•FHA Loan Rules for Multiple Properties: HUD Handbook 4000.1•Scaling from Single-Family to Multi-Family Investing: “The House Hacking Strategy” by Craig CurelopHope this helps!
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16 February 2025 | 5 replies
Similar to OP, same plan stuck between multi family or STR.
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19 February 2025 | 20 replies
I would say that multi-family would be the easiest to wholesale due to how many there are in each metro market and the amount of MF buyers nationwide.
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1 February 2025 | 2 replies
.⚾ Franklin Yards-Gastonia- A $26M, 5,000-seat multi-purpose sports and entertainment venue, with future plans for residential, retail, and office spaces.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!
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2 February 2025 | 13 replies
We are going to focus on small multi-family first, and then get into large multi-family.
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4 February 2025 | 24 replies
As I take in as much content as possible from listening to the Rookie Real Estate podcast, I feel drawn to building multi-families and renting them out.
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5 February 2025 | 4 replies
We have flipping, advanced investors, woman only group, 101, multi family, landlording etc.
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2 February 2025 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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31 January 2025 | 4 replies
Hello Justin, I want to start with multi-family buildings with 5-9 units max.