Tell me about the negatives of having a property manager for your rentals...you know, beside less profit.Any insight or thoughts are appreciated.
Hi. I am new to the property management space. My interactions with my property manager have been much different from my expectations. I think this gives me a good opportunity to learn more about the job to provide ...
I just purchased a tri-plex and I'm closing 9/20. The building will be owner occupied though it is currently fully rented with 3 month to month tenants. Unit 3 is occupied by a 12 year long term tenant (high quality, ...
Hi, can anyone share their experience with purchasing a vacant facility or land for the purpose of building a facility? We are only in the planning stages, but seems a lot more complicated than just buying regular RE...
As I started to learn a little bit more about flipping and rehabbing and making places rent ready -- it is amazing to me how people are succeeding with low cost remodeling. Simply, how do you do it?We have just been ...
Hi Everyone,Investor here looking to divest out of one (in-state) market and into another (out-of-state) market. I'm looking to place about $5MM into a market with 50% LTV (~$10MM purchase). I'll be in a 1031x and w...
Lowes and Home Depot offer this at times. Buy the carpet and pad from them and they'll install it throughout the house for $97. I assume the catch is that you can't get a good buy on the material? Have any of you...
This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...
Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...
I own a property management company and manage about 115 properties. A dear friend of mine has passed away and her heirs are now selling her property management company. She has approximately 120 properties. Does a...