Jay A.
Questions to ask Turnkey Providers
29 February 2024 | 12 replies
Duy-and-hold strategies in tertiary markets like Birmingham just aren't cutting it anymore.Turnkey Providers?
Jeffrey Richard
Which experts to listen to?
3 March 2024 | 4 replies
The "influencers" / "youtubers" etc. are making money, in my opinion, providing entertainment so they can get as many views as possible.
Leyton Wellbaum
Fix and Flip in Garfield Park, Indianapolis, IN
3 March 2024 | 1 reply
I found the deal, provided and managed the rehab crew What was the outcome?
Brian Crowe
Lending - Any one used Dominion Financial for lending?
3 March 2024 | 5 replies
They have provided me a reasonable quote and the person I've spoken to seems reasonable, but would like some feedback about this company or hear someone else's experience.
Tip Mallick
Possible relief from reporting of beneficial ownership information?
3 March 2024 | 1 reply
What's to stop someone from providing an old operating agreement and saying it's current without this?
Maryam Mostafa
Where to purchase section 8 properties in Deroit, MI?
1 March 2024 | 19 replies
Hey Maryam, that is an insanely loaded question with no short, easy answer.
Sebastian Bennett
LP Equity Investment
3 March 2024 | 8 replies
Important to note, I am provided full access to all of the meetings and pre-development functions to grow my knowledge base while I am getting my personal financials in better shape to purchase properties I view as better long term investments.
Andy R.
Real estate CPA
3 March 2024 | 8 replies
There are many firms who provide amazing remote service.
Aaron Brown
Property Manager in Indianapolis
4 March 2024 | 31 replies
I got a really good vibe about his professionalism and although he did note that he is more on the expensive side, I think the services he provides and his reputation of being one of the best in the market warrant the premium.LIV Indy was also a great interview, although largely different than Harvey Property Management Group.
Justin Goodin
Full Breakdown: Operating Expenses
3 March 2024 | 2 replies
These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance.