Chelsea Price
Do I need a management company?
My goal is to purchase my first STR this year or early next. The location I have my eye on is a 3 hr drive from my home in a vacation destination. My question is: How do you know whether to hire a management company o...
Stefano Mannino
First time buying an investment property
I am buying a one bedroom condo in Atlantic city NJ . I am buying the space for 55k plus $2500 in closing costs .Taxes are $2300 per year and maintenance is $3500 per year . It is currently being rented for $900 a m...
Gary Dezoysa
Permitting for rental houses?
Hi everyone,A Toledo investor mentioned that no permitting is needed for rental houses, unlike some other Ohio markets. I wanted to ask if a permit is needed before a landlord rents a house in Cleveland and surroundin...
Dustin Frank
Lot in North Denver Approved for 3 Duplexes "next to light rail"
Could I get your opinions on this property:"Developers- here is your next project in Denver's new hot spot area! Are you tired of the crazy land costs in the Highlands and Sloan's Lake areas? Here are 3 DUPLEX lots...
Alethea Sealy
Late fees in Detroit, MI
Hi, I have an argment with an investor friend and need some clarity also to be a just landlord. So, when I started I copied the template of a lease from a property manager. It stated $50 charged if rent received on th...
Kelly M.
Review/Assessment of Electronic Rent Payment Services
I have been using Sparkrent for a few months and have liked it on the landlord side, but I have had 3 tenants that all have stumbled at one point using it on the tenant side. I decided to look for another service.I d...
Danny Day
What do you budget for closing cost?
Wondering what everyone budgets for closing cost as a rule of thumb. I know this can vary based on county to county, who pays title policy, etc. but I'm wondering generally what do you use off your head.
3%, 5%..7%?...
Charles Hunter
New to wholesaling & want to learn more before wasting time.
Hello everyone , I'm new to wholesale but I bought a list of absentee owners in my state(Illinois) & before I try to get property under contract , I've been reading David Greene book "BRRRR" & taking what he s...
M Lang
Finding the owner when you're from another state?
How would I go about finding the owner when I'm so far away from the property? How do you seasoned veterans handle remote transactions? Please advise.
Alan Russell
Am I missing something with these numbers?
I am a very new member and have found a quadraplex that I may be interested in. This is a homepath +Renovation property
Tax Appraisal Value $165000
List Price $104,000
5% down required $4880
...