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I currently don't have any properties that i have hired a property manager for. With the direction i am looking to go in now that is going to be a necessity. How do property managers figure what they are going to char...
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I'm working on a rental deal with another investor. This one won't require an agent, investor to investor. It is a duplex that is occupied, both units. Asking price is $39,500, although I'm still negotiating. I wa...
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Property: $145k - Duplex (50% occupancy right now) (Zillow)Rent: Found the ad for unoccupied rental at $550/unit so expected income of $1100 per month (Link to Ad)Costs: Estimated from FHA scenario (at asking price, c...
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Hello! I am closing soon on a small multi-family apartment complex in a lower income / working class neighborhood, and I will be utilizing a property manager for this complex. Are there any resources out there that re...
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I've read books and these forums, but all I really see about property managers is that they "take care of everything". So let's say I have a 6-unit multi-family, and hire a property manager.
What would I end up need...
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I have a tenant contact me for a negligent property manager we hired. She showed the records of her contacting the PM for repairs with no or delayed responses. Some were pretty bad like AC/heating or major appliances ...
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I have been watching several of Mark Kohler's videos on Youtube regarding tax strategies and planning, and came across something that made me scratch my head. In his diagrams, he considered all rental properties as p...
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Currently refining my comps metric and looking for an avg maintenance and utilities (water/sewer) cost for the Cleveland area. Assume property was built after 1900. Any insight would be greatly appreciated.
Thanks
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I am considering pulling the trigger on my first deal this weekend. The deal is on a 4-plex for roughly $175,000. I have already worked out the loan details, got a %4.5 interest rate putting 25% down. The 4plex has ...
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Hi all,I'm looking for opinions and advice.I was recently approached about becoming an investor in some properties. I have never owned a home or participated in any real estate ventures. I am a W-2 employee who makes ...