
9 May 2024 | 13 replies
Ask price off market: $250K, No HOA, rents approx: $1900-2100/month, RE taxes approx : 7400/year, Property insurance : $1200/year, Misc fees trash,rent registration etc : $400 / yearEvaluate this and let me know your thoughts.

9 May 2024 | 8 replies
ThanksDanb Hey Dan, To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

10 May 2024 | 22 replies
All of those factors must be carefully considered when making a decision.

9 May 2024 | 15 replies
We would have a positive cash flow of 150-200$ after property taxes and property management fee.

9 May 2024 | 2 replies
The method all depends on your personal situation and the needs of the seller.On a side note I have never paid an additional fee for a loan because the property was not done.

9 May 2024 | 4 replies
Most work this way BTW Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

9 May 2024 | 4 replies
It does not answer every question (are they under/overcharging, do they have egregious cancellation terms, do they have silly rights to sell your property, do they have two and half pages of ticky tack fees, etc.), but something has to go reasonably right for a PM to have 95% occupancy or greater on a several hundred unit portfolio, in my view.

10 May 2024 | 18 replies
If you don't have a lot of experience cold calling or managing a team, I would recommend using one of the companies that already have a training program, they will hire and manage the VA's for you for a small per hour fee, well worth it.

8 May 2024 | 8 replies
Hey @Tim Porsche, we are under contract with a client around something like this and we have had this work done several times with other clients, and of course there is a lot of factors to consider, but I have never heard anything less than $10k.

9 May 2024 | 11 replies
Factor in all your expenses such as property taxes, insurance, repairs, maintenance, repairs and potential rents. 2.