28 March 2018 | 8 replies
Because when you try and sell 123 Main street a 3 bed 2 bath house on Craigslist without a RE license you are violating CA business and professionals code.
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28 March 2018 | 6 replies
If you add a bath it may trigger to re-assess your property tax, and the increased amount may not be justified from your rent (especially if you own this property for a long time).
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21 March 2018 | 10 replies
That is not an alignment of goals.The $100 minimum means their base fee on your $1,200 is actually 8.33%.If your scheduled gross rent is $14,400 ($600/month x 2 x 12)Minimum PM fee -$1200 ($100 x 12)Re-lease inherited tenant -$395One-month vacancy -$100 PM fee (and -$600 from your gross revenue)Fee to lease new tenant -$395 (you didn't mention this, but I imagine they would charge at least as much as the re-lease)So right there you've got $2090 in PM fees on $13,800 gross = 15%Now over time those lease-up and vacancy management fees will even out as tenants stay longer than 1 year, but if you just wrote in 8% for management, you should almost 2x that to get to reality, at least in year 1.
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23 March 2018 | 7 replies
I have funds sitting in my company sponsored 401K plan; however, I would like to transfer the funds over to a Solo 401K to invest in RE.
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20 March 2018 | 2 replies
I have been working with a RE Agent and she has been nothing short of amazing.
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20 March 2018 | 1 reply
Can anyone recommend an investor minded RE agent that speaks Vietnamese and could help out on negotiating a direct marketing deal?
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22 March 2018 | 6 replies
Re wire vs check: In the beginning I would get checks from title at closing.
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22 March 2018 | 6 replies
I've always been very interested in REI and RE in general but my RE background is fairly limited.
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17 April 2018 | 8 replies
The FB analytics dashboard is also phenomenal, albeit a little creepy with how much info you have access to.If you're looking to promote some type of RE related business/service google adwords is great, but can be expensive.
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22 March 2018 | 19 replies
Tenant left end of Oct, plan to re rent quickly before Dec.