I have a contractor that would like to partner with me on a few flips. I would be the money guy and he would handle all the renovations (manage subs, etc)
What would be a good split?
HelloI finally decided that I dont want to go through the hassle of dealing with my tenant who is very demanding when there is a problem. So I signed up for a property management company service based in Sacramento. T...
I think there are a lot of great discussions to be had around Podcast Episode 689. @David Greene and @Robert Abasolo brought great discussion and tons of tips! With 2022 coming to an end, I know I'm looking for ways t...
We own and self manage three rental properties. Two of them are in Kentucky and one in Florida. We would only plan to manage our own properties.Would there be any tax advantages to starting our own property management...
4-unit deal
Purchase Price $105,000
Unit 1: 425 2/1
Unit 2: 400 2/1
Unit 3: 375 1/1
Unit 4: 475 1/1
Monthly Tot Rent: $1,675
OwnExp: Insurance, Lawn, Maintenance, Taxes
Year Built: 1920
ALL UNITS HAVE BEEN CO...
Is there a general rule of thumb that is used when underwriting the cost of tenant turn over?
Hi all,I'm looking into buying some properties in Birmingham from out of area. Can you guys recommend some good companies or even call out some property managers to shy away from? Any suggestions are welcome, thanks!
Hey everyone, thanks in advance for reading. I'll start by saying that I am fairly new to understanding the terms and concepts, so I'm eager for feedback. Here goes.The property is listed at 350,000 and is a 10 unit...
Hello,I would like to know once i hire a PM how much should i pay him to manage my prehabs i will be doing. His responsibilities will be to manage the prehab and to set milestones for contractors, pulling permits, an...
My tenant recently moved out of my rental in Birmingham, AL and looking past the fact that I didn't know about the vacancy until after it had happened, I recently received a note from my property management company as...