Miles Clark
Purchasing Property Management Company
I’m currently interested in buying a property management company in California.(Partnership with a Broker)I have a meeting with the current owner set up and I am curious on questions I should ask.Currently they have 1...
Ryan Nolan
Paying your crew when you partner on a flip
Hello everyone, I currently do fix and flips and buy and holds. I occasionally partner up with other investors on flips. This year I am hiring a full time employee to help me with day to day operations and also renova...
Alex Rodeberg
When does it make sense to hire in-house management?
My father and uncle own 124 residential units with cashflow around $520,000/yr. This isn't including a management since they currently do it themselves. They are now looking to wind-down and focus on commercial proper...
Alex Rodeberg
Does hiring in-house management make sense for small investors?
My father and uncle own 124 residential units with cashflow around $520,000/yr. This isn't including a management since they currently do it themselves. They are now looking to wind-down and focus on commercial proper...
Brad Coyne
Property Management Fees
Question about property management fees. I pay 9% of the gross rents collected to my property manager. They are now charging me $30 per house to go through and do an "inspection" on the property. The $30 is the fee...
Joshua Zapin
Property Management Indemnification Standards
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/...
Vlad Denisov
Utility Income&Miscellaneous Income
Let's say we have our Gross Potential Rent and we add to it Utilities and Misc. Then we have to exclude Physical Vacancy and Economic Vacancy to get to our Gross Operating Income, right? 1. What info do you use for Ut...
Patrick J.
Any high performing Realtors taxed as S-Corps
Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Ethan Lozano
Albuquerque taxes, licenses, and permits for long term rentals
I'm a new real estate investor in Albuquerque, and I’m a new member of the BiggerPockets community. So, Hello!
I self manage a couple long-term rental properties that I own, and I want to make sure that I am not acci...