Carys Griffiths
Property Management
5 September 2016 | 11 replies
Is it also usual to be charged 10% of the monthly rental plus an administration & management fee initially and then a balance of $300 for any maintenance or emergency repairs.There is no indication of when the rent is passed on to the landlord, whether this is monthly, quarterly or annually I'm not sure.Any advice on your experience with PM's would be much appreciated as well as any recommendations for good PM companies in the Tampa area.
Kris Reeves
Building a SFR portfolio from(almost) scratch
1 September 2016 | 14 replies
An Irish couple in their 60s investing just to take nice vacations and earn an extra $3K/mo.Point is, the 50-100 goal is certainly achievable from where you're starting, but you'll need to be aggressive depending on your timeline to reach that many units if you go one by one.I highly suggest one by one instead of buying an existing portfolio unless you can really learn all about the portfolio and avoid overpaying for it.
Shelby Williams
Newbie From Seattle Washington
17 September 2016 | 22 replies
Then you could use that extra money to roll back into investments?
Tatiana Gershanovich
Land subdivision after the sale
11 September 2016 | 11 replies
I thought you meant there are extra requirements if we just create an extra parcel without going through a subdivision to separate this land from the house.Thanks again for your suggestion!
Lelith Walker
Due dilligence
31 August 2016 | 3 replies
Usually you can see permit applications, taxes, value, sales history, etc., but it won't show you property manager info or violations.
Jason Crews
Is a real estate license worth it? What are the hidden costs?
2 September 2016 | 19 replies
You will usually get what you need if you network there.
Crystal Wilson
bought my first rental property, need help with flooring
2 September 2016 | 7 replies
I cannot attest to its longevity but it is advertised as waterproof (although extra steps are needed at the perimeter if installed in bathroom/kitchen where water could be a problem).
Sergio Ali
PARTNERSHIP STRUCTURE
30 August 2016 | 2 replies
You'll hopefully never need the piece of paper, but just knowing (and remembering) what you agreed to is usually enough to keep things going on the right direction.
Daniel Highsmith
HOA Gotchas?
24 September 2016 | 12 replies
That's the concern when it comes to associations - not necessarily the threat of special assessment but how you got to the point of special assessment is usually more telling.
Lakshay G.
Need guidance on Flipping VS Buy and Hold (Low money Investment)
5 September 2016 | 10 replies
They were then able to put term debt on the property, usually at 75% of value, allowing them to complete the BRRR strategy.