Would I be able to set up a Self Directed LLC with checkbook control in Wyoming for properties my IRA owns in PA for managing expenses? If so how much does it cost and are there reputable companies that would set this...
I have had a rent house in Tulsa for 20 years. I have just discovered BP and am thinking about buying another rental. What is the average percentage rate/fee for a property manager in Tulsa?
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
How do you verify that the maintenance repairs that a property management company is charging you for are true and correct
What would be a typical management fee that a RE management firm can charge on managing your property? I know most would charge certain % on the initial rental (setting up with a new tenant) and another % for the ren...
Hello,
I want to address the following questions to investors who have hired property managers in the past.
1. I have heard that property managers charge fees for handling a property that goes vacant. May I ask as ...
Hi BP - in the process of purchasing my first AirBnb in Nashville, TN. Do you find it's easiest to keep a Google doc or excel sheet with expenses? Or does anyone recommend some app that helps track expenses, income, e...
How much do you typically budget for full-service property management of small (10-12 unit) multi-family properties? This may vary by location but I am interested in understanding the range.
Thanks!
I have a small portfolio, but am trying to systemize this from the beginning, so I'm looking for the best software for expense tracking by property. What's everyone using? I have 5 houses currently.
How do we factor in property management expense into cashflow? Obviously we factor in the percentage each month, but how about the bonus they get when they find a new tenant?Hypothetically lets say a property managem...