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3 January 2019 | 4 replies

If that is what you are talking about then I would say no, that 5% is not used for holding fees. 5% is to cover the the vacancy rate of a fully operational property.

Jim Iren Property Management fails to pay owner.

3 January 2019 | 7 replies

This real estate license governs the way PMs operate and account for funds.

Lee Haenschen Fair amount to pay for having an LLC setup?

8 January 2019 | 13 replies

If you don't operate your LLC properly, you could lose all the benefits it provides.I own 20 units in my personal name.

Andrew Richmond Indianapolis Meetup Weekend of 2/1?

11 January 2019 | 19 replies

Definitely keep me posted on details please :)I operate a property management company in Indianapolis called Intrigue Indy.

Sean McCluskey Do you ever walk away from a BRRRR?

7 January 2019 | 10 replies

Your properties will only be as good as your PM and their operations no matter what rent they collect.

Caden Bradbury Is an eviction necessary?

7 January 2019 | 5 replies

To operate without knowing them is likely going to result in the tenant taking their landlord to court.Don't risk it, learn th elaws.

Chad Carrodus Financial planning for unmarried DINK real estate agents?

3 January 2019 | 0 replies

All commission checks would be deposited into the LLC, paying general operating expenses (home office, cell phones, business vehicles, client entertainment, etc).

Jack Moran Does an exclusive focus on cash flow lead to a bad place?

9 January 2019 | 11 replies

Your cash flow might take a hit, but it's never okay to operate as a slumlord, and I do not believe you have that in you from your post.

Michael Austin Successful Partnership Strategies

4 January 2019 | 5 replies

You need to spell out in your operating agreement what each partners role is and what each will be providing.

Darren Greenwalt High End/Executive STR Gatlinburg, TN

21 March 2019 | 7 replies

We operate two in that ballpark; each can sleep 22 or 24 with 7 and 8 beds.