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15 March 2024 | 6 replies
You might want to network with A.D.
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15 March 2024 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
15 March 2024 | 6 replies
Professional builders have a profit margin of 10%.
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16 March 2024 | 36 replies
Here's time & money an agent or PMC needs to spend to get a rental listed:1) Make sure it's clean2) Hopefully, take professional pics and just not use the camera-phone3) Take room sizes and note positives and negatives about the property4) Since most rentals aren't advertised on MLS, research multiple sources for rental comparables to determine rent.5) Write a GREAT ad for the property6) Syndicate or manually enter the ad on numerous websitesThen, once published for rent, how much time do you think they spend taking all the phone calls (most of them from idiots who don't take the time to read the ad), doing all the showings, chasing applications & supporting docs, processing applications?
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14 March 2024 | 9 replies
Hey Weronika, There is also a section of BiggerPockets that lists tax professionals here: https://www.biggerpockets.com/blog/tax-partnersAs others have said, there is tons of help available on the forums as well.
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15 March 2024 | 13 replies
I have worked with Bryon professionally as well as my own personal investments in the twin cities.
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13 March 2024 | 55 replies
Lastly make sure you are the professional in your market and know it inside and out and provide value to your investors.
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15 March 2024 | 20 replies
@Mary Jay a professional PMC charging 8% would cost you only $280/month, which is much LESS than the $700 under market loss you are currently taking!
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14 March 2024 | 7 replies
They have a good system and will operate professionally.
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14 March 2024 | 11 replies
My wife is a real estate professional (we can deduct real estate depreciation) so a property with significant bonus depreciation would be ideal.