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Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
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Does anyone have any proven best practices to incent a contractor to deliver a project on time and at or under budget? I have a contract in place with a payment schedule, but would like to incent him to go above and ...
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My "net" income for one of my rentals was $330 before PITI, PM fees ate $140 of that. NET was reduced by 43%. Consider that the next time you think someone else can manage better than you.
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Has anyone paid for private lender list or is it bull
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Ok, really opening a can of worms here but I am interested in some diverse opinions. Basic question: Should I pay cash for properties or get them financed and leverage myself.
Background. I plan to retire ...
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Hi, I'm new to Leasing / Retail. Can someone tell me, how lucrative is the leasing business for brokers? I noticed on one deal I got to review, a broker representing a Tenant got just under 98K for one deal. Of cou...
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We recently had a 2 guest, 4 night booking including New Years eve blocked by airbnb. We received the booking inquiry with a "red flag" from airbnb which we had never seen before. We told the guest we were unable to a...
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Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
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I got attracted to the Detroit area for real estate investment because of affordability and amazing cash flow. What things should be careful about my investment properties? Few things which I read about Detroit is1) p...
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Hi All,
I own properties in Bay Area at CA.
I recently got a letter from a lawyer claiming that I was negligent with maintaining the sidewalk, which resulted in his client trip and fall over it.
There are no mentio...