Hi everyone,I’m about to close my first investment property. The current owner has an on-site manager to help him taking care the property. The manager is responsible for maintenance, lawn, cleaning and some other mis...
Hello,I'm an out-of-state investor exploring BRRRR deals in Cleveland, OH, and Buffalo, NY. I'm also open to other markets that fit my criteria. Ideally, I'd like to be all-in, including purchase and rehab, for approx...
good afternoon! i am a fellow real estate rookie and have been interested for a very long time. My wife and I are in the process of buying another home, and we are going to rent out our current house we have now. Base...
Right now we have a separate business checking account (a sole proprietorship) for receiving payments from our property manager. However, I read a post (which I can't find anymore) that seemed to suggest it was better...
Was asked a question about which management software to use.Key discussion points from an operations standpoint:a. Web based- that way you don't need to do software updates. You can access data from an ipad, phone, pc...
I have a few rental properties in the Denver area. They are all single family homes. I am planning on moving to the west coast, but not really sure how I should manage my properties in Denver. I am not opposed to a th...
Merry Christmas to everyone!I have a question:Does PM decrease the efficiency of your Rental business?I mean, additional expenses connected with PM company?Like longer vacancies, longer renovations, higher expenses fo...
What's the going rate for property managers? I've always assumed it was 8-10%, but i'm now seeing prices for 1 month rent plus 10-12% per month. Is this normal for the indy market?
So recently I heard of this word, co-host, in reference to an Air BNB, on a BP podcast. It sounds like maybe someone in a long term lease rents the property while managing part of the property as short term rental? Li...
View report*This link comes directly from our calculators, based on information input by the member who posted.How does this analysis fare, I feel as though I used fairly conservative numbers.