Daniel Ye
Looking for property management in Knoxville, TN
20 October 2018 | 2 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Kari Atwood
Biggest house in a small house neighborhood...
13 October 2018 | 1 reply
The whole area is a total mixed bag--building years from 1959-1983 and square footage anywhere from 1000-1900.
Gui Qiu
Non U.S. Citizen + Buy property = 40% taxed upon death?
14 October 2018 | 2 replies
Estate planning for nonresident aliens is imperative, given the total value of your father's estate (amount of $60,000) will be subject to the 40% U.S.
Joel Fine
What do you REALLY pay for Property Management?
3 December 2018 | 27 replies
Add 0.4%.So we're looking atBase fee: 10%Tenant placement: 4.2%Renewal fee: 0.5%Inspection fee: 0.4%Total: 10+4.2+0.5+0.4 = 15.1%Of course, this will vary across markets and between PM's.
Jeff Benson
Is this duplex cash flow good enough for a first timer?
23 October 2018 | 7 replies
JeffListing Price:$159,000 INCOMERental Income$1,748 $.85/sqft.Garage$0 Laundry$0 Storage$0 Misc$0 Total Monthly Income$1,748 EXPENSESTaxes, Property$350 Insurance$100 UtilitiesElectric$0 Water$100 Sewer$50 Gas$0 Garbage$0 HOA$0 Lawn/Snow$0 Vacancy$100 Repairs$100 "Capital Expenditures (i.e. new roof)"$150 Property Mgr $0 Mortgage $705 Total Monthly Expenses $1,655 CASH FLOWIncome $1,748 Expenses ($1,655)Total Monthly Cashflow $93 CASH-ON-CASH ROIDown Payment $15,900 10%Closing Costs $5,000 Rehab Budget$5,000 Misc, Other $0 Total Investment $25,900 Annual Cashflow $1,111 Cash to Start: $25,900 Cash-on-Cash ROI 4.29%
Tomer Amir
How do you deal with natural disasters?
25 November 2018 | 5 replies
Especially in Florida when every year (almost) they suffer this kind of threats.As a flipper its very hard to find insurance company that will be ready to cover your house.As a home owner for rental: How much will the insurance company will cover in case of total disaster like this?
Eli Rollins
What's real estate again?
15 October 2018 | 35 replies
I'd walk by Gouda cheeses in the supermarket and think about Dutch girls and suddenly I'd be in an embarrassing situation.Duplex, SFR, managing opportunity, long-term gains, all that was totally lost on me.But I did learn how to talk to and live with women, and that's made a significant difference in my life.
Mike Loughry
Property Manager Recommendations in Daytona Beach and Fort Myers
25 October 2018 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Eviano I.
Mississippi Investor Intro Post
16 October 2018 | 9 replies
Hi BP community,I'm relatively new to this online community and to active real estate investing in general.
Alicia Gates
Fair Housing-where to post for SFH and applications online?
13 October 2018 | 3 replies
We're getting ready to close on our first SFH next week, and we will have an inherited tenant. I'm reading the NOLO Every Landlord's Legal Guide, and it states that you have to post the Fair Housing Poster where ever ...