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3 June 2024 | 9 replies
There are conflicts of interest with the buying agent wanting to close, the selling agent wanting to close, the property manager wanting new business etc.
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30 May 2024 | 13 replies
I talked to 2 property management companies who I should rent the house out to one tenant/one household (e.g a couple or family).
2 June 2024 | 2 replies
Using a 3rd party out of town manager when you live next door. . ..
29 May 2024 | 5 replies
What is the best rental management software for someone with less than 10 units spread out between single family and small multifam?
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29 May 2024 | 20 replies
Do you prefer managing your properties or hiring a manager?
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1 June 2024 | 17 replies
I don't really need property management software as I have a PM.
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31 May 2024 | 6 replies
I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.
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30 May 2024 | 17 replies
The financial solution can be self management or a full time manager.
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3 June 2024 | 56 replies
I promise not to disclose this incentive to you.Then the syndicator will generate a 2.5% fee for buying a building, charge you 2.5% for managing the asset, another 2.5% to sell or refinance it. the GP LP carried interest split will be 70/30 on the huge pile of money we will make.
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30 May 2024 | 12 replies
While I don't own a brokerage, I have been managing a team of RE agents for over 5 years.