I am wondering how expensive it would be to become an independent broker? Has anyone looked into this? No employees just you.
Hi, this is probably a very beginner question, but I'll aks it anyways. I'm looking for a house hack in my area and none will cash flow positive if I occupy part of the residence. Should I be looking for a unit that c...
As a wholesale real estate investor, do i report or pay taxes on the assignment fees? I've watched alot of videos on youtube from investors and they never discuss that part. I am new to this business and i want to be ...
While analyzing a potential deal, I'm creating a pro forma and wanted to see what expense line items that I'm potentially missing. Can you guys offer some advice? It's a 7 unit apt building...Here's what I have:Fire...
So I've been looking into a multifamily deal in north New Jersey, where it can be hard to find anything worthwhile that doesn't require a host of renovations. But I've found a nearly-turn-key 3-family (with optionalit...
I understand that a typical rental analysis takes the monthly rental amount, sets aside 5% for vacancies, estimates 50% for expenses, and then makes sure the remaining 45% pays debt service and leaves a profit.But I'v...
36 units with 80% occupancy. Currently in the process of leasing the last two. Total Income: 241,178.83 Expense Total: 162,999.01 Net Income : 78,179.82 Looking to list at 1.7 or 1.8. Looking at the brief numb...
Hi there, I have a question for property management company owners. I was wondering if it is common practice for property managers to supply bookkeeping services as well? Example: A property management company takes o...
Hi all,
I'm new here and new to renting properties. I've been trying to research my area as much as possible, but I still think I need some help from the experienced.
There is a particular property, priced at $94,00...
I own properties in Nevada, and more recently I purchased my first property in Indiana. Is it normal for a property manager to ask for your social security number? Back when I purchased my first few properties in Ne...