Luis Guerra
The 25% property management fee was killing my STR profits
23 June 2024 | 29 replies
My question provided no insight into the success of my current Cloud consulting business or my general business knowledge.
Andrew Jennings Freerks
Forming a real estate investment fund
23 June 2024 | 7 replies
Simply, a percentage of the profits; so only AFTER the investors get their investment back + a “preferred” return of usually 6-8% annually.Here is how our equity (as opposed to our debt/loan/notes) syndications are set upwe as syndicators get a either a 3% broker fee or 3% acquisition fee at purchasewe get a management fee competitive with outside managementwe get 10% of gross rents as ASSET management feeonce investment is liquidated we receive 15% of proceeds ABOVE or AFTER investors receive their capital returned plus 10% annual calculated income including any distributions of earnings.
JJ Flores
how to leverage equity of paid off home
21 June 2024 | 8 replies
Sell the existing home and pay off the first $300k loan.
Ahsan Popal
Capital/ Investor partner deals ?
20 June 2024 | 4 replies
Hello , Im a Marine Corps veteran with a VA home loan property.
Carter Buckingham
Renting to section 8 tenants
22 June 2024 | 2 replies
Hey Carter,Renting to a Section 8 tenant on disability can provide stable and reliable income since the government pays a significant portion of the rent directly to you.
Derek Morrison
Do I have to show my property to everyone?
23 June 2024 | 7 replies
I do have those who show up stating “but my cats are clean” or “it was only one eviction” which I just say no, but I’ve also had those who may be slightly off income but have a qualified co-signer, or a lower credit score but it was for a medical bill or student loan, and they worked out well.
Nam Pham
Managing General Contractors Remotely
22 June 2024 | 10 replies
Set standards for what needs to be shown in these updates.Networking with Local Investors: Build relationships with other local investors who might provide recommendations and insights about reliable contractors and suppliers.
Cannen Hill
Profitable first move?
22 June 2024 | 2 replies
It's going to be slightly intimidating to talk to experience professionals at first, but if you put yourself out there and provide value, you will find people going out of their way to help you.
Megan Stone
Setting up LLC for my Triplex
22 June 2024 | 4 replies
I contacted an attorney's office in Wyoming to set up the LLC and they told me:"A Wyoming LLC will not provide a GA piece of investment property with any asset protection.
Norbert Huston
Reporting to credit agencies
22 June 2024 | 1 reply
The company I've used in the past in no longer providing the service of reporting delinquent rent charges & damages to the three major credit bureau's.