
10 July 2024 | 18 replies
If you need any further advice or have more questions as you continue to grow your portfolio, feel free to reach out.

13 July 2024 | 12 replies
I have been looking at homes in alliance on up to Conneaut and just have never run across a property manager in your area.

12 July 2024 | 5 replies
I was thinking of just having an acquisition manager to be the boots on the ground and then a lead manager to do follow ups.

11 July 2024 | 1 reply
That will help other members understand your situation better and then better answer questions you might have about how to grow your portfolio!

9 July 2024 | 2 replies
Hi I am looking to incorporate a real estate software that manages multiple transactions for a 14 person real estate team in NJ.
12 July 2024 | 13 replies
2 tenants in this duplex 1 pays on time every month the other one pays like 5 days late for 50% of rent then pays the rest even later if I evict I would have to give a 90 day notice as they have been there for a while (this is in ny) my property manager also thinks if I evict I can get 10-20% higher on this unit (this is my first property so i don't love taking on so much risk) just not sure what the correct move is here.

11 July 2024 | 22 replies
You can use your extra $1000 per month x 120 months, so 120k, to buy more property.Whether you snowball you portfolio or you let it grow and then go through a partial liquidation to pay off the rest, both get you to free and clear in the end.

12 July 2024 | 15 replies
My single family home portfolio is in Broward County ...

12 July 2024 | 3 replies
Please find some details belowAcquisition fee - 5%Asset management fee - 3% of gross incomeconstruction & oversight mgmt fee - 5% of rehab budgetdisposition fee - 1.75%guarantor fee - 2.5% of loan amountPref is 10% with 60/40 split unto 15% IRR and 50/50 there on.This is my first deal in the RV space so not sure what's the norm, so would really appreciate some guidance/feedback. # of fees looks standard but the % are slightly higher than what I have seen in the past (1-3% being normal).

12 July 2024 | 7 replies
Also, define how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.