
6 April 2019 | 3 replies
I used to pay for a flat fee listing on the MLS to save myself money when selling my properties.

9 April 2019 | 1 reply
Ft.Lot size = 15,002.06I'll need to add heating and cooling; currently window units.P&B construction for the houses and duplex, slab for the studio.Total projected gross rents= $750 Studio+$950 Unit 1+$950 Unit 2.The whole project would be a value add: windows, bathroom, update kitchen, furniture, solar panels, water purifier.I'm considering adding solar panels - would mean that I can charge for my own electricity sense I would be the power company.Property Management fees = 7% (wholesaler/broker number).Projected Vacancy Rate = 5% (wholesaler/broker number).CapEx = 5% (wholesaler/broker number).The military gets their BAH/BAS evaluated every year and it goes up about 2.5% based on the market conditions.Property growth annually would fit in to a 3% number as its not the fastest appreciation market.Your annual expenses should be about 1.5%-2% depends on how well of a job is done with the rehab.P.S.

8 April 2019 | 1 reply
Flader Plumbing & Heating (located in Evanston) did some emergency plumbing work on my 3-flat last summer and I was happy with them.

14 April 2019 | 18 replies
TL;DR; No they should not be charging all of those fees.I'm starting my own turnkey provider company.From my own research, there a ton of different turnkey provider all with different business models.The top quality turnkey provider, from a investor's point of view, would not charge you miscellaneous fees.I guess it also really depends on the market you are in.In my opinion the 10% should include everything in it already.I am going for a flat fee per unit rather than a percent, it is not like it takes a ton more work to rent a unit right outside of downtown area.

8 April 2019 | 4 replies
Keep in mind that the marketability of a condo in a 2 flat might be challenging a bit.

11 April 2019 | 7 replies
Sure, you'll learn a lot listening to the speaker, guru, coach, and their guest speakers and panels but look around the room!

8 April 2019 | 0 replies
Always pull permits for all work and never underestimate what can hide behind panelling and drop ceilings!

8 April 2019 | 5 replies
Other landlords in my circle use flat paint on all wall since that is the least cost.Sometimes I'd use a different color for the bathrooms or closets if I have some leftover color for some reason that I'm trying to use up.

8 April 2019 | 2 replies
I always do electric unless for some reason we need the extra space on the electric panel.

9 April 2019 | 8 replies
(Labor & Material)all new doors (2 exterior 3 interior) - Steel or fiberglass exterior doors $300 to $500 each, hollow core, 6 panel interior doors $125 to $150 each.