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27 April 2024 | 19 replies
I would have a written agreement as to all terms of the deal, who makes payments, who is manager, who gets profit, who gets paid and how, etc.
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25 April 2024 | 25 replies
If I can manage to obtain a decent unit for 90k or below I feel like I could make out well.
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27 April 2024 | 11 replies
I could probably rent it for $750-$1000 per month over what the standard monthly costs are right now (not including vacancy, maintenance, management company, etc).
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28 April 2024 | 1 reply
Condos put's a layer of management between you and complete control of your property.
27 April 2024 | 6 replies
I'd try to find a property manager that can help you keep an eye on it and let it appreciate.
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27 April 2024 | 2 replies
Partner brings caliptal/down payment (passive involvement) and I do the management (active REPS activity).
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27 April 2024 | 5 replies
I assume, I will have to open business accounts and use those to manage my business expenses and business earnings etc.
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28 April 2024 | 15 replies
In general, I agree in our market here in Pittsburgh "rent by the room" isn't a very profitable strategy and when we've managed for owners with this strategy it always turns out bad.
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27 April 2024 | 2 replies
For me, it's a great blend of banking, bookkeeping and tenant management software.
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27 April 2024 | 1 reply
The calculation takes more than just Rent and PITI - they consider other expenses like vacancies, management fees, utilities, and more especially for full-doc programs.