Austin Farsai
landlord bank account for property
1 June 2024 | 7 replies
I personally use US Bank [Big stable bank with Zelle capabilities], Relay [Checking and Savings 3%] and then Quickbooks [high interest rate 5%].
Nicholas Schwarte
Closed on my first investment property at 19 years old!
31 May 2024 | 17 replies
Make sensible financial decisions by allocating funds for unforeseen fees, insurance, property taxes, upkeep, and mortgage payments.
Grant Gilbert
Joining a GP team
31 May 2024 | 6 replies
I would get clear on compensation, and if you are able to invest in the deal without fees.
John Retka
Broker to help PM company
30 May 2024 | 3 replies
I am a licensed Real Estate Agent but I am not a broker, I pay my broker a fee for holding my license similar to a commission split but its just a flat fee.
Blake Salisbury
Creative Ideas for 1031 TIC Deal Structures?
30 May 2024 | 3 replies
I feel that I'd be more interested in 50/50 backside split than this (if TIC rules allow this).Does anyone have intel on what they have seen in TIC structures for splits or asset management fees etc?
Gary Freidman
Smartland in Ohio
29 May 2024 | 22 replies
They also claim that their property management fee is 10%, which is true as long as the unit is occupied, but if you factor in the first month rent payment for placing a tenant and a 5% vacancy rate (about once every two years) then the property management fee is closer to 15%.
Ruben S.
Lease Agreement Templates
30 May 2024 | 15 replies
Should only be a few hundred dollars and worth every penny IMO.My last lease, which I thought was pretty up to date, didn't' allow me to recover attorney fees for an eviction, only the past due rent.
Simon K.
Cars
1 June 2024 | 27 replies
all paid for with cash.no credit cards. no school loans owed. when we shopped around for rates on a mortgage in May, 1 broker said to me twice, "you mean you really have no debt except for your mortgages?"
Jack Deer
24% Listing Commission?
28 May 2024 | 13 replies
An agent would lose a couple grand servicing the property at that rate.