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7 February 2025 | 14 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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16 February 2025 | 26 replies
.), inclusive of any renovation costs.
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9 February 2025 | 3 replies
Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?
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3 February 2025 | 56 replies
And cost is not coming down.
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18 February 2025 | 12 replies
Many investors in your situation also explore seller financing or subject-to deals to minimize upfront costs, especially if they find a seller open to creative terms.
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30 January 2025 | 0 replies
There were a lot of costs that we didn't expect like the plumbing had to be completely redone.
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28 January 2025 | 20 replies
Here is an example of what it costs you to avoid professional advice.
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18 February 2025 | 8 replies
i would love to buy a 3-4 unit that could both reduce my cost of living and cash flow. move out and redo the process a few times every year.
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4 February 2025 | 2 replies
Each one with separate addresses and utilities.We originally put $585k of our own money into the project, and by the time we were ready to go to market in 2023 we were into it for about $2M (the pandemic really threw a wrench in our timeline and costs but also greatly increased the value).
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10 February 2025 | 1 reply
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.