Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
Is factoring in property management into your investment spreadsheet overrated?Cons of property management: I always care about my property more than property manager, lower ROI, and the probability you lose touch wit...
I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
Hello all! I am sharing my RE ideas with my mother and other close family members and I receive no support. Only comments such as bad tenants, you will go broke and save your money. No one thinks like me or likes to t...
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
The title says it all assuming you can get back 7% on stock gains yearly, going by current trends this seems extremely conservative, companies today seem to be growing much faster than the historical data we usually r...
We have heard it a billion times, "I'm super excited to invest/ reach FIRE/ make a career change, but my partner isn't on board." Have you been there too? Share your ideas for what may or may not have worked to encour...
Hi everyone! I'd love to contribute to the community here but I'm a real estate investor noob so maybe I can help in other areas of interest. I work as a web3 product manager. Product manager meaning, I help businesse...
So I bought my dads property, it came with a tenant who has lived there since the day he bought it 30 years ago. He never raised rent, it’s at $400/month. The unit isn’t very nice, she’s a smoker and there’s nicotin...