My basic question is this:
For those with multiple properties that span a wide rent range (here in Texas, $450/mo will get you a 2/1 in a blue collar area; $1300/mo will get you a 3/2 in a mature, stable neighborhood...
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
We own and manage 5 short term rentals, but are thinking about diversifying into multi-family. My question is, when you make that move, who manages the property? Is there a third party company who can provide maintena...
Should I hire a property management for one property?
Hi everyone,I'm thinking about purchasing a small 1,000-1,100 square-feet single family house for $150,000. I'm going with the 20% ($30.000) down payment and finance the rest through a bank. The estimate rent is $1,...
Hi BiggerPockets,I currently own 3 rental properties and I noticed my property manager billed me $50 per property for “1099 preparation”. Is this normal or should I push back on this? This will be my 2nd year with the...
It's been brought to my attention that I should be paying myself for self managing my Duplex and that even though my cash flow is higher in the end when not using a PM, it's my time that is more valuable and therefore...
I'm just curious as to some average costs of property managers (around the Augusta GA area). I have been looking online and it seems most places charge you 10 percent/month, including a month's rent whenever they find...
I have a "Cabin" just an hour outside of Houston, beautiful property, secluded on 14 wooded acres. Amenities include a pool, spa, big covered deck, fishing pond, hiking trails. It's been my family's weekend home for t...
On your short term rentals how much of that rent do you actually put in your pocket? I understand some of the things you have to pay for such as utilities, WiFi, furniture. But what are some of the other costs associa...