It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Hi, I’m likely moving to the Durham area and see from the boards here that it’s a competitive market for investors. Some of the new developments have home designs that look easy to convert to duplexes. Do any of the H...

Basically, what I should add amenity wise, and other value add-ons whether that is adding on the to home or remodeling specific rooms.

Thanks I second Scott's vote for www.storageunitsoftware.com (Easy Storage Software) and would place it at the top of the list because of the in house call center add-on that they offer. 

Hey Y'all, Buying and investing through the BRRRR method on a 3/1 house worth it if I add on an additional bathroom to make it a 3/2 in X city, area?

Buy a property that has potential for value add on ... put 3.5 %down say you spend 40k on closing and down payment then use remaining 50k to put up some walls... add a restroom and a gas range(won’t be 50k) ... now you have a separate unit ... in LA you’ll rent for at least 1.8k/mo ... you can live there and cut your mortgage expense by 1.8k or rent it all out and cash flow per month.

@Niomi SneddenI’d just add, “only” $100k is more than enough.

You have no value add on turnkey and often taxes go up later based on the renovations and small cash flow is gone.

I budgeted the 10% just in case i want to move to property managment in the future (my actual costs to manage myself will be ~$150 per month).Value Add - One of the units is currently vacant and I believe with minor updates to inside of units and getting regular tenants into the property that i can average $625 per unit bringing the income to $7500.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.