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8 November 2021 | 1 reply
Would you put your personnel cell phone number on a bandit sign or handouts?
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28 November 2021 | 9 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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12 November 2021 | 7 replies
I always hire my own inspector, and get a walkthrough video of the house from them (something not many people bother to ask for but it's really easy for them to do and doesn't cost any extra).
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15 November 2021 | 8 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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15 November 2021 | 3 replies
As for the rates, we are already at 2.7% and hoping to get it a little lower so we can use the extra income as a buffer if anything goes wrong.
12 November 2021 | 1 reply
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
13 November 2021 | 2 replies
When determining a buy down, most investors do what you already did; they determine how long to recoup the extra money down.If it's less than 36 months and the investment is a long term play, that's good.
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13 January 2022 | 6 replies
The property was in bad shape and we had to get an extra inspection to get the deal done but it's possible.
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12 November 2021 | 6 replies
That is a gap of $41.67/month extra you could be getting if you went back on the market.If it were me, I would compromise and raise rent to $1,213/month or some random number under $1,300 to look like you did some mathematically formula that makes sense.
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14 November 2021 | 3 replies
It would also mean that what we purchase would be free and clear.Our rental apartment is paid for and provides $900.00 per month net cash flow after HOA and insurance.I feel our next investment will define our ability or our inability to further invest in the future.If I refinance the 200k will cost me around $900.00 extra per month.