
19 April 2024 | 2 replies
Landscaper 1800/yrAll utilities are paid by tenantsUnknown roof age.He wants 720000 but I think I should allot at least 10%-15% repairs on this older funky building that he's managed and maintained himself.

19 April 2024 | 3 replies
This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

19 April 2024 | 14 replies
Most my clients are out of state and I have a furnishing/design crew as well as co-hosting services at a discount for clients to really help maximize your returns and be as hands-off as possible.

19 April 2024 | 3 replies
Hi Patrick,Typically less rehab there is, the less upside there is on the BRRRR, so you might leave some equity in the deal if you don't have much repairs to do.

19 April 2024 | 4 replies
Until last year it was serviced by three separate high schools and it has a community college branch located there as well.

22 April 2024 | 39 replies
Some of the main variables in my projection models include: expenses (broken down into various categories like personal expenses, capex, debt service, vacancy, etc.), income, cashflow, debt, DTI, equity, property appreciation, rent appreciation, mortgage paydown & amortization, rate of net worth growth, cost of living increases, hours worked per week, cash on hand, etc, etc.

18 April 2024 | 12 replies
More details/example fees: Management Fee: 10% of gross rent collected, $50 minimum per unit.Leasing: One full month’s rent upon execution of a leaseOther: 10% will be added to each invoice for any repairs, maintenance, improvements, landscaping, and snowremoval for the Property 50% of late fees collected $50 lease Renewal Fee $50 per utility turn on $25 posting 3 day notice $100 per court appearance witness fee $50 tenant removal with bailiff or police $50 to meet inspectors for housing voucher programs, occupancy certifications, and/or POS or rentalinspections Broker may charge to offset Broker expenses for postage, key copies and other misc. expenses $100 set up fee $120 annual consortium fee ($60 March 1st, $60 Sept 1St)Given all this, how do I input it when I'm making calculations for a potential investment (do I put this in as >10% like 12%, 15% or 20%?

19 April 2024 | 10 replies
@Michael AlexanderAlex here, founder of The Offer Sheet.I agree, charging $200 per month for our service would be crazy and not affordable for most people.

19 April 2024 | 3 replies
Thank you for your service.

19 April 2024 | 6 replies
If you are new and already thinking about negotiating a lower fee, you will end up with discounted service.