
10 July 2018 | 7 replies
Usually if you own less than 50% of an entity and it has a different composition than your other property it is not related.This is important because then you could sell as yourself and use the 1031 to buy the property from the LLC to complete the exchange.

16 July 2018 | 4 replies
@Austin PetrieGetting a good ROI is usually a factor of buying really well and managing really well.

20 August 2018 | 7 replies
Be advised that unless something has changed from the last time I was looking into it, the court usually will not approve a sale for less than 2/3 of appraised value, even if the executor agrees to it.
12 July 2018 | 3 replies
Mike,In my limited experience with property managers the usual flat fee is around 10% of gross income so if you are basically hiring them as such that might not be a bad place to start.

29 August 2018 | 6 replies
There are usually 10 days to do an inspection, then we go from there.

10 July 2018 | 4 replies
If so, yeah you'd need fix them yourself at this point, as I guess your inspection period is over...you could try to negotiate with the seller.As for the appraisal, a "second lender" will usually have to order their own appraisal.

11 January 2019 | 24 replies
I’ve gotten half the usual number of applicants on two of my rentals for 2018 as in the previous 5 years on average.So much for our “emergency housing crisis”

12 April 2020 | 29 replies
Nevertheless I think AirBnB can work for many people although a lot of people believe they are more profitable than they usually are.

2 May 2019 | 14 replies
I usually get 2-3 bids per project to compare.

11 July 2018 | 5 replies
I usually have it between 5% to 8%.Just remember, except for PM, the others I’ve listed are reserves.