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12 February 2025 | 5 replies
It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.
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4 February 2025 | 3 replies
You can contribute by finding deals or managing properties in exchange for a share of the profits.Lease Options: Control properties without owning them by renting with an option to buy, and potentially sublease for profit.Owner Financing: Buy properties directly from sellers willing to finance, bypassing traditional lenders and often requiring less upfront money.REIGs: Join real estate investment groups to pool funds with others for property investments.For a more hands-off approach, investing in turnkey properties in growing markets with minimal upfront investment would be ideal (like in the Southeast and Midwest of the country).
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5 February 2025 | 6 replies
With average rents in Charlotte hovering around $1,800 to $2,000, that means an average agent fee of just $190—if the management company even pays the showing fee.I understand that this may vary by market, but in mine, I don’t see agents being incentivized to work with renters.
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9 February 2025 | 3 replies
I used Hostify and you can work it into the management system to figure and charge all of that for you.
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4 February 2025 | 18 replies
My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.
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11 February 2025 | 5 replies
The clients we work with who have found success letting us help them find highest and best use of properties, then we manage them for a year, and then pull out 60-70% of their money, and do it again - rather than waiting several years for a home run hit.
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18 February 2025 | 8 replies
I’m also in Nashville and run a property management company, so definitely happy to connect.
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22 February 2025 | 10 replies
You'll never convince a tenant that they are getting a good deal, especially as a self manager, no point in even engaging in those conversations.
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31 January 2025 | 3 replies
The manager doesn't determine what they do and don't like, they 'manage' the HOA to comply with the law and guidance from the Board.
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21 February 2025 | 250 replies
THAN institute the new GOOD management, and process going forward.