In the process of buying a 12 unit apartment building and will be my first time hiring a property manager. They say their standard rates are 10% of income, 1/2 of first month’s rent for all new tenants, and they charg...
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
We're revamping our firepit and I'm looking for recommendations on purchasing Adirondack chairs.There are so, so many options on Amazon, it's a little overwhelming.Has anyone purchased chairs that they leave out all s...
Hi Recently I have transferred After Tax 401K to Solo 401K. This is from Fidelity. I checked in Fidelity transfer detials, it says clearly Total Non-Taxable Amount for the line item. My question is, can I convert Afte...
I am primarily interested in multifamily but lately I have been thinking about apartment investments.
As I continue researching the world of real estate investing and with the IRS April 15th date still fresh, I thought I would share this great article by Raleigh-Durham CPA, Kevin Bassett, who specializes in real estat...
I am looking to create a guest guide book. I was referred to touchstay.com which seems good but I want to see if there other options that might be better. Thanks,Kyle
I am seeking information regarding the Sheriffs auction in Cuyahoga county. For properties that are listed for auction and have no appraised value, these are tax lien auctions. My thought here is that these properti...
Hey! I rent my home out for weekends about 5-7 times a year sometimes through AirBnb/VRBO, but some customers like to book direct and we can avoid fees and such of the third party. As such, I'm interested in a third ...
The seller is open to financing my purchase, which is what I'd like to do if only to avoid a monthly PMI payment (~$140). There's always more to be made in seller financing from what I understand. The unit is in a ...