Waiting on one of our properties to close this quarter, currently looking for short term business lending so we can take care of employees payrolls while we wait for the property to close. Open to any replies.
How much is an appropriate Christmas bonus (personal, not payroll) for a property manager? Is it based on number of properties, revenue generated, amount paid or some other factor? I have five properties (10 tenants...
Hello all,We are working on acquiring a 74 unit property at this time and am curious on how your property management is set up. A couple quotes we've received are PM fees of 5% and 6%, respectively, for off-site manag...
I am in the processes of shopping around for an accountant that can advise for a fix and flip business. I found a guy that sounds extremely knowledgeable, came highly recommended, and works primarily with real estate ...
I see that there may be a second wave of Stimulus packages offered from SBA. I am a landlord with 13 rentals, and was considering applying for a PPP loan or EIDL loan, as to pay off my commercial loan at a much lower ...
I attempted briefly to search the Real Estate Professional forum for a thread on this, but to no avail. I was just wondering if any Realtors have successfully applied, and been approved, for the SBA PPP loan? They ope...
Hello Everyone - I am an experienced multifamily investor and currently have my first MHP under contract. Never thought I would do it but this opportunity looks legit. This park is 90 Mobile Homes and 37 RV spaces wit...
Hi everyone,
I have found a very good handyman with experience in apartment rehabs. He does fantastic work for $15 per hr, but, alas, has neither health nor liability insurance. Thus, I am considering hirin...
Hello Everyone! Like a good number of you fellow investors, my spouse has a W2 and I am building up our portfolio by BRRR'ing. Between finding the properties, buying, fixing up, and renting out- I'm sure I'm easily ...
My partner and I just sat down with an accountant in Buffalo and were not impressed with them. We are in the process of closing on one property and will be picking up the paperwork on another in a couple days. Any hel...