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5 June 2024 | 0 replies
I have considered creating my own Property Management LLC to do the work above and hiring my dad as an employee, however, I was told this would provide no benefit in terms of liability and it would just add costs and more taxes.I would appreciate your feedback.
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5 June 2024 | 4 replies
You need to find a deal that works under beginner terms.Hard Money/Private Money works when the deal is good and when margins are thin it can be costly that's why sticking to max project cost being less than 72.5% ARV is key.
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5 June 2024 | 8 replies
A PM can cost you 10-15% per year but they can also keep you at market rate and protect you from losses.
5 June 2024 | 5 replies
Even missing one component can cost you tens of thousands of dollars.
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5 June 2024 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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3 June 2024 | 20 replies
Did it one time cost me.
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4 June 2024 | 2 replies
if you own the land free and clear there are options for financing with no upfront cost with closing costs and initial draw coming from the land
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5 June 2024 | 8 replies
Even if innago is free if I could find another one that wouldn't charge my tenants, that might be a consideration even if it cost me 50 to 100 bucks a month
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3 June 2024 | 47 replies
Sewer problems can be quite costly.
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4 June 2024 | 5 replies
To offset these costs, your association requires owner-landlords to pay an annual leasing administration fee.