Curt Bixel
Management percentage and structure for STR
I am curious what the going rate is for management of an STR in Columbus. I imagine it is in the range of 20 - 30% of gross rents with the owner paying for some of the utilities and perhaps the WiFi. Can anyone shed...
Brad Campbell
Monthly expense estimate
Can someone give me a way to roughly estimate the monthly expenses of a Single family home, with tenants paying the utilities, and not having a property manager (for the moment).
Adam Graziano
CPA that specializes in Short Term Rentals in the DC area
I am having a hard time finding a good CPA that knows how to maximize the tax advantages of a short term rental business. I am located in the northern Virginia/DC area. Are there any recommendations out there? If not,...
Marc Villiaer
Personal Use of Investment Property with MMLLC
I was hoping I might be able to get some thoughts from the community around a potential real estate investment I’m considering making. Here is the general scenario: Establishing a multi-member LLC in which my spouse a...
Zachary Kane
Duplex Definition Help?
Hello,I am looking to buy a rural house in South Carolina. It is a large old farmhouse that has lots of additions to it over the years. On the second floor there is a back staircase and a sort of "in-law" suite with...
Travis Elliott
neighbor offered me a deal on this house
He is asking 75,000 for an up down duplex. The rents are 450 and 350 and the LL currently pays all uts. Is there a way to make this work or not. If so what does it look like.
Chistopher Madden
Pennsylvania Eviction Questions
I clicked on this topic for information regarding the risk involved in purchasing a REO property that is still occupied (apparently) by the former mortgagor.
In Pennsylvania, what is the process and timeline for evic...
Vincent Simone
Eviction Occupant From Property After Sale
I am working on an eviction in Greene County, NC. I'm looking for the proper wording for a "Complaint In Summary Ejectment". Specifically Item #3. I purchased an occupied foreclosed house at auction. Occupant is a re...
Julio Gonzalez
Key Items for a Successful Q4
We are now in the fourth quarter of the year and with the uncertain economic circumstances, it’s crucial to have a firm grasp on your business’ financials. Here are 7 tips to take advantage of in Q4 to help successful...
Jack Srimani
Need expert advise on this figure
Hi,
I am looking at a four unit property which was built in 1926. The owner furnished the following:
Sell price 130,000
Rent- 23640
Operating Expense- 11315 - (Gas 3852, electric - 4260 Tax and Insurance 3200)
Net ...