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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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Hi, still new to the forums, please pardon any oddities in my post. I've tried to include relative information, without writing a novel. I'm a newer investor looking to get some cashflow. My strategy for the foreseeab...
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Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or ...
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What’s up all! I hope this post finds you all well and in good health! My name is Sean Michael and I’m a newbie, like really newbie. Im really interested in beginning my RE investment journey and living in CA it’s muc...
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I may be the only one with these property management issues but it seems to be a recurring theme.
I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...
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Okay people, let me get your opinion on this. I have a property management company that I'm with for over a year now. Problem is this:1) Property 1 (management fee: $150.00 per month)2) Property 2 (management fee: $12...
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I hired them last year to act as maintenance/property management for my Dubuque properties, after Cory reached out to me on BiggerPockets in response to a post I made. I thought things were fine until recently, I had...
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Athe end of the year, I'm quitting my job and booking a 1-way ticket overseas. I'm going to try to freelance and make some money while traveling to make this as sustainable as possible for a long period of time (proba...