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Our new cabin has a large leased propane gas tank. They are charging $100/month for the lease.They are setting it up for remote monitoring so that they come fill it when it gets down to 30%.We only have 1 gas fireplac...
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Hey everyone! I wanted to reach out and see investors' specific criteria when selecting a PM. Do you have a checklist of things that a PM must check off? Is the majority of it price based? Do you make a decision based...
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I've taken action to begin looking for a multi-family home to house-hack. I've been looking at properties with an agent whom I've felt comfortable with so far. I've only looked at 4 properties. Here are the trends I a...
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Hi, I've never built/owned/operated an RV Park before, but I've done lots of research, have paid hundreds of dollars to the city for a 1 hour discussion on requirements, etc. Sounds very doable, city is on board. I wo...
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So I am still considering starting more AirBnBs in my town (Bloomington, IN) and was wondering what you guys think will happen to rents from AirBnBs when/if a recession was to hit. I know AirBnB was started during a r...
As a real estate agent, I have seen a push in full-service reduced listings for homeowners and investors looking to sell homes. For example, this would be decreasing the standard 6% fee to sellers to around 4%.What ar...
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I had 2 rental properties in Chicago. I sold 1 early this year and did not buy another property because I didn't want to. Hence I will probably pay a good chunk of change to uncle Sam when I file my 2024 taxes. I stil...
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I purchased a 4plex that needs significant renovation. I am subbing out some of the work and doing other pieces myself.I need to buy materials and wonder where do general contractors get their supplies? I typically go...
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So let’s assume you have a rental that grosses 40K a year.
Here are your VRBO expenses:
- either $599 per year flat fee or 5% rental commissions.- 3% credit card fee
-3% advance pay fee
- Average of 8% “service fe...
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Wondering if I should add a perimeter foundation to an old buy and hold triplex. As a complete newbie a couple years ago we bought a charming old Victorian converted into a triplex and by old I mean probably built in...