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18 January 2025 | 6 replies
With this, along with shifting the utilities to the tenants and reducing the management fee to generate an NOI of around $103k, I'd estimate the value around $1.8M to $2.0M
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12 January 2025 | 12 replies
However, there are also some downsides to consider, such as higher fees/interest rate.
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9 January 2025 | 6 replies
There are plenty out there with fair rates and lower fees.
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15 January 2025 | 6 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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16 January 2025 | 9 replies
I can probably teach it, but I won't be spending that kind of money for the platform and I doubt people who wants to learn are willing to pay for the platform and tutoring fees.
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10 January 2025 | 9 replies
The legal fees and filing fees for the Reg D package average about $10,000 or so.
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29 January 2025 | 25 replies
At 18, start with wholesaling to find off-market deals and earn fees without capital.
29 January 2025 | 20 replies
5) What Placement Fee did you negotiate with your PMC?
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26 January 2025 | 33 replies
Is the PM investing in or in some other way financially committed to this deal (beyond the fee)?
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8 January 2025 | 3 replies
Of course they are going to have bad credit or they would be looking in a better area.Another thing you may want to consider to drive more applications is to not charge the application fee.