Folks - old Thread but typically what % do you expect annually for property management including some break/fix costs.

also, I am exploring different funding options including HELOC, HEL, etc.Given current rates are quite high and sticky, how do you recommend to utilize these funding options?

In this example, I didn’t include any CapEx costs and the loan is 75% of the value.LTCWith a LTC structure, the lender is willing to lend funds as a percentage of the underlying asset’s purchase price plus renovation/repair costs (project cost).LTC financing is generally viewed as favorable for the borrower albeit, riskier, due to higher leverage, less debt service coverage, and renovation risk in the form of underbudgeting.LTC = Loan Amount / Project CostsMost often, lenders are willing to offer LTC terms structured as a bridge loans.

You have to include all the costs appropriately.

The Tri-Cities area just south of Richmond which includes Colonial Heights, Hopewell, and Petersburg would be the best area to find properties under 200k that might fit the 1% rule if they need a rehab.

We manage all of our properties in house, including maintenance and repairs.I’m looking for something that has text communications and maintenance work orders and logs.  

Usually we pull a cash buyer list from Propstream, a buyer list using God Mode in InvestorLift (which includes buyers who used a lender, which sometimes we are fine with) and also I use LandVision which has a layer that shows who already has bought in that specific area. 

Most applicants never responded or responded that rent was too much...that they were looking at $500 - $800 a month everything included. 

The monthly carrying cost is $260 less for TH(HOA included in calculation).3. 

I agree with Ken - We started about a year and a half ago and always include discount codes.