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21 September 2021 | 2 replies
The justification I have for it is that virtually any other investor who hired us to do work would be getting the same amount of work done and paying my rate as well as my employees rates... functionally putting them in debt the same amount I would be-- and since I am doing the work of scheduling, ordering materials, overseeing, carrying insurance, quality control etc. etc. it makes sense that I be paid for that work, even if I am my own client.
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20 September 2021 | 0 replies
I bought a fixer upper in Houston, which will eventually be a rental..where do you go in Houston to buy flooring, bathroom material, fixtures, etc at a wholesale price?
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22 September 2021 | 3 replies
There are 3 ways PMC's charge owners for Maintenance:1) Hourly: most common and is billed for the time servicetech is at the property and getting materials.
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21 September 2021 | 11 replies
This is a common misconception. 2) The property replacement cost is between $100 and $125/ sq foot depending on types of materials. 3) Are you working with an Insurance broker?
21 September 2021 | 3 replies
Not sure what area of the country you are in so labor/material costs could be lower where you are.
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21 September 2021 | 4 replies
Try and read and memorize all the material you can.
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21 September 2021 | 1 reply
Alternatively, would you choose to keep these expenses since an HOC could in theory require a 1x fee if they are short on funds and need to do a major project like replace the windows, pave the parking lots, etc?
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21 November 2021 | 5 replies
I have read some promising materials on renting to section 8 tenants, and I’ve analyzed some deals that i think make sense, but i think the section 8 procedures might be a bit complicated for a first-timer and i think it could complicate finding a property manager.
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16 November 2021 | 1 reply
I bought some property with 2 houses and an apartment. At the time one house added 0 value to the mortgage, I went to refinance the property and I was told I could not refinance due to the second home having 0 value. ...
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14 December 2021 | 19 replies
Many of our clients invest into alternative assets both inside and outside of their retirement accounts.