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20 January 2025 | 5 replies
Does anyone hear have any experience with either of these companies?
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31 January 2025 | 10 replies
That’s something I’m still fine-tuning as I explore new areas.As for scaling up, my focus right now is on leveraging tax-efficient strategies and building a system of limited liability companies (LLCs) to keep risk compartmentalized.
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15 January 2025 | 7 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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14 January 2025 | 6 replies
Hire a property management company who will manage it for you.
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9 February 2025 | 8 replies
- Agents and title companies I work with always expect EM to be delivered within 24 hrs of opening escrow.
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13 January 2025 | 6 replies
So I can hire a PM company to just do the tenant placement part?
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29 January 2025 | 20 replies
I own a property management company in WA, including Yakima.Here’s a rough breakdown of costs:- Management: 15-30% of revenue- Cleaning: $100-$200 per turnover- Utilities: $150-$300/month- Maintenance: 5-10% of revenue- Insurance: $1,500-$3,000/yearTools like AirDNA or Mashvisor can give you a solid idea of income and occupancy.
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15 January 2025 | 4 replies
Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!
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26 January 2025 | 14 replies
Quote from @Kristian Sexton: @Laura Kreinbring We have a "Notice of Intent not to Renew" at our Property Management company.
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14 January 2025 | 15 replies
If I'm not mistaken, you'll need to setup your RRSP with Trust holding company such as Olympia Trust or Canadian Western Trust, etc.