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13 March 2018 | 1 reply
@Dan Roma - I'm not familiar with the rules in Texas, but up here in NY I would call the Executor/ Administrator of the Estate (s) or their attorney and find out more.
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29 March 2018 | 19 replies
A simple one page (wordpress type) website would be great to have initially.
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19 March 2018 | 87 replies
I've heard people refer to the return on T-bills as the risk free rate, but even that's contingent on the government remaining solvent :)There's no way I'd go through the trouble of operating income properties for a 10% return either.. and I'd like to assume most others wouldn't either.. although seeing some of the price to rent ratios for recent sales around the nicer suburbs in my area makes me question that assumption sometimes...All in all the thrust of the argument was that a reasonably competent investor should not have much trouble securing, at the very minimum, a 10% return on their capital without taking on excessive risk or administrative burden.
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15 March 2018 | 10 replies
Here's the biggest needs & what most people are looking for generally speaking:1) Deals2) Private $3) Sponsors/Key principals to go on a loan4) Help underwriting5) Help with research, making phone calls, administrative tasks, etc.So that said- like @Todd Dexheimer mentioned, what is your skill set?
14 March 2018 | 9 replies
Larry kudlow was in the Reagan administration.
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18 March 2018 | 8 replies
Michael, Was it moved into another retirement account or was it held in your personal account If it was sitting in your personal account and you were the administrator for your Solo 401k, then you will need to create the 1099.
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14 March 2018 | 0 replies
I am researching and considering using an online service to help with rent collection, statements, and other administrative management tasks for my rental property business.
25 March 2018 | 6 replies
Was thinking about setting up a simple WordPress booking site, and I’ve downloaded a couple apps like Cozi (literally just downloaded it) and was thinking about setting up individual properties as “family members” etc but... love to hear what’s proven as easy and simple.
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19 March 2018 | 6 replies
Third and this is just some advise I provide my Chicago clients, consider taking a half months non-refundable administrative fee instead of charging a security deposit.
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13 December 2018 | 6 replies
I could also consider putting an ad Fee Structure: Property Management Fee:7% of monthly rent collectedLeasing Fee:50% of one month's rent, which includes Free Eviction Protection, a 30-Day Rent Guarantee and a Quality Tenant GuaranteeRenewal Leasing Fee:2% of annual gross renewal rentMaintenance Fee:Billed at invoice cost plus 10% administrative mark-upProperty Setup Fee:NoneMarketing Fee:NoneProject Management Fee:10% of project costs above $5,000