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27 January 2025 | 3 replies
-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate?
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5 February 2025 | 15 replies
I used to help manage 30+ STRs in the city with a McSwain Management.
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28 January 2025 | 6 replies
Getting a rental license as an out-of-state investor is doable, but you’ll need to manage inspections and compliance.
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31 January 2025 | 29 replies
I've managed a number of successful rehabs and put a lot of sweat into them as well.
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9 February 2025 | 36 replies
And I certainly wouldn't have survived it with no investor losses, as I was able to do thanks to having a manageable portfolio at that time.All that is to say that I wouldn't change a thing.
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14 February 2025 | 4 replies
A feature that our Pro Members love is the fact that they can manage of all their rental properties for free using RentRedi.
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11 January 2025 | 7 replies
@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.
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16 February 2025 | 6 replies
Your total project cost is only ~ $143k. 3c) Your interest rate is probably going to be in the low to mid 7s, at least4) All states/areas are different, but I usually see with my CFO clients that their property taxes are higher than their insurance, with taxes often 1.5x higher than insurance.5) Lastly, I saw PM fee of 8%, are you paying someone else to manage this?
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10 February 2025 | 10 replies
Quote from @Mitchel Quinn: My name is Mitchel Quinn and I would like to get a good foothold in the door of real estate to get on the right path and stay there.
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7 February 2025 | 6 replies
if you have proper team you can self manage. are you local to the area?