Dustin Horner
Hiring FT or PT
6 January 2025 | 5 replies
Hello everyone,This is a few years off for me, but I was wondering when someone would decide that hiring a FT employee to manage a property (and potentially FT maintenance) would make sense?
Annie Anson
How to meet material participation hours for out of state investors
17 January 2025 | 21 replies
I feel I could definitely meet both of those on my own, as my husband works full-time , and I will be the only person besides the hourly employees stated above that would be accruing hours.
Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
Daniel Summer
Investment Opportunities in Memphis
16 January 2025 | 8 replies
They put one of their employees into one of my houses, and after I switched to a new property manager, that tenant stopped paying rent (amazing!)
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
16 January 2025 | 2 replies
With a fideicomiso, the gross income is taxed through a withholding tax whereas, with the corporation, the rate, you can deduct expenses but the taxation rate is higher.
David Putz
Lets hear what Note Servicers other Note Investors use.
2 January 2025 | 29 replies
FCI is big (160 employees) and their portal may seem like overkill, but they have their systems down and they are responsive.
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
These are NonQM loans that underwrite by using the gross cashflow (as evidenced by net deposits in your bank account or how much was reported on your 1099) and then applying an expense ratio (usually 30-70%) to determine your gross income.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
Bear in mind that the fiscal treatment of the two options in Mexico is different (withholding tax on the gross income with the fideicomiso vs cost deductions with the corporation).
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Of course, you can delegate most of these tasks to employees, but then you should also budget time for employee management, hiring, and training.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
Quote from @Leo Gregoire: I'm assuming you werent taking 15% of gross off the top for cap ex, vacancy, and maintenance?