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13 February 2025 | 22 replies
Be certain you've fully evaluated your cash flow by doing a cash flow analysis.I leave it to you to confirm you've taken in consideration the following potential costs: CapEx, maintenance, property management, water, sewer, trash, vacancy, turnover, taxes, insurance, etc.
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21 January 2025 | 31 replies
. -- They have fixed fee structure to compare with anderson advisors without any blatant selling tactics https://www.kbkg.com/" class="redactor-autoparser-object">https://www.kbkg.com/https://go.empiretaxusa.com/61...If you attend any tax-wise or other 3 day events with anderson which costs $197 + travel expenses you will get enough knowledge on how they operate and you should be able to understand what LLC structure is beneficial, also they have a large collection of online videos with plentiful of information on youtube and tax tuesday webinars.
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20 January 2025 | 2 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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11 February 2025 | 20 replies
I have not had any experience with Easy Street Capital, but David Lichten resides in Gardiner, Maine and I have done many deals with him. https://kennebecrealtycapital.com/It's great to have options and compare, plus he is local!
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18 January 2025 | 17 replies
On some older properties where perhaps you have one water meter for 2-3-4 units or one gas meter for 2-3-4 units, or units that share hot water, something like that the owner might pay.
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11 February 2025 | 14 replies
Compare against both your new loan and the upgraded value of the property.
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14 February 2025 | 161 replies
About $100 to $200 more than the comparable rents.
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24 January 2025 | 12 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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4 February 2025 | 9 replies
For example, if she can't visit the property, is she good at record keeping (so everything is organized at tax time) or finding vendors, comparing product prices, finding free or low cost items on Facebook marketplace to improve the rental)3. emergency fund.
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20 January 2025 | 7 replies
I am going to continue to analyze the market until I am absolutely ready to buy with ample reserves and more specific analysis on comparable properties.