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I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...
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I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago. Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying t...
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Hey all - Looking to start off 2017 with my first BRRR property.This will be my first rehab. How do you typically go about paying general contractors advances for the project? Putting the money in escrow would be opti...
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My question is around identifying the appropriate General Contractor to renovate an investment property. I am looking to make some moderate renovations to a SFH investment property that includes flooring, kitchen, bat...
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Hi everyone,
Lately I've been searching a bit about the prices of Renovating houses in Pittsburgh, as according to the heresay they are higher than other cities.
Can you relate to that? Or haven't I searched enough?...
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My goal is to build a buy-and-hold portfolio to earn $5,000 a month in passive income, but I have learned today that passive and active income are gray areas. Can someone please help me understand the difference betw...
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I'm curious how most investors handle their rehabs/remodels.I have a space that needs completely gutted and it is going to be a big job. It will require everyone - electrician, contractor, plumber, sheet rock, floorin...
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I own a remodeling comapany in Charlotte, NC. I am considering
implementing a REI department. Which manages and oversees investment
projects like flipping houses. My question is would you use a contracting company l...
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Curious if the property manager takes advantage of clients for up selling in repairs/renos. Obviously it’s handy to have the experience of the property manager but wondering if it’s a good idea overall or repairs/reno...
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Can remote STR help us to qualify STR tax benefit. STR in Florida and owner lives in VA. Managing remotely from VA after initial 2 weeks of onsite hours in furnishing property (~80 hrs) after closing in june.And 20+ ...