Hello, I am doing my first new construction and at first I was very confident, but no, not so much. A lot of my flips took longer than anticipated which resulted in me having to find money for the closing.I did! but ...
I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Nooby question here! Does anyone know where I can find a list of or advise me on the best cities to look for investment opportunities (rental) under $100k? Ideally, I would like to start with $50k property but $50k-$1...
Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
Over the last decade or so, my wife and I have put together a nice little rental portfolio, we've really grown as landlords and property managers, and we have a nice little life that's just getting nicer. Net rental i...
This is just a question I’ve been wondering as we deal with a huge housing crisis in our city.is it moral to convert properties to short term rentals in a city with a deep housing crisis?if a city has 500 units conver...
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
Long post, but I really wish someone had told me this when I was struggling to buy single family homes.Hey y'all, wanted to share what I’ve learned in the past year. I took a promotion with my medical sales job, and ...