If you plan to hire a rental broker have you consider how the debt service coverage ratio might be effected by paying a one month broker fee

After consistent follow, I offered second carry and he spoke to his legal rep and says he is open to the idea.Property type : 4plexNeighborhood: Decent about A around Dutchtown STL,MO area.- hot area.Comparable between : 260 - 310kSeller will accept 280K - 65kSeller will second carry $65k . 

I would love some tips on how to book keep effectively when you aren't big enough to hire a book keeper but want to keep your finances straight for the accountant come tax time.  

For many people, hiring a PM is the better choice and that it totally fine.

I can text or call my rep and they're usually on the ball within minutes to fix any problems. 

I'm aware of the 203k loan, isn't it true that you have to hire contractors to do the work for you?

I will then hire my wife as a manager and pay her 10% of the gross rent of the properties in my portfolio.

If you're hiring out the management to a large professional hosting company, who are responsible for the maintenance on the property, wouldn't that place the majority of liability claims against them rather than the property owner?

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

He hired a property management company to manage it, but he also has a close friend who lives nearby.