Seth Levey
What do you pay for property management?
People usually talk in metrics of the monthly cost, like 8-10%. However when you add in lease fees, inspections, etc, it ends up more like 11-14%. Do you underwrite deals at the higher amount favoring in all these costs?
Samantha Meyer
On the Market or Recently Sold MultiFamily
We are looking for a multifamily in a strong school district along the brown line to owner occupy. Lakeview, Roscoe Village, Ravenswood, Ravenswood Manor, etc. We do, however, want something that would cover expenses...
Lance Mullins
Advice on First Deal
Hello BiggerPockets!!I was looking for some advice on my first potential deal. Here are some details: My Strategy: Buy and Hold/RentalSingle Family House Asking Price: $44,900ARV: $80,000Renovation Cost: $25,000 - $30...
Mario Rivera III
I'm on disability and I'm looking to start investing
So I'm on disability and only receive a certain amount per month, about $1000. However, I'm going to be coming into about $15000 and I'd really like to try and start building my investment portfolio. I've been looking...
Jared Abelson
Pricing Solar Into Rent
I apologize if this has been covered a million times, this is my first post and I'm getting ready to rent my first house. The house we have has a substantially sized solar system (10k watt), plus the house is on Cali...
Alex Simcoe
Condo vs single family home
What do y'all think about buying a condo vs a single family home as a first rental property? Located in Myrtle Beach. I was leaning towards a condo as a first property because it seems a little easier to manage. Would...
Justin Hackney
Cash Flowing On The Mercer Street Cottage in Savannah
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $330,000
Cash invested: $1
The pink Mercer Street Cottage was built in 1914 and a gem of the Historic Savann...
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Rising building costs
Dear Agents
Rising building costs are a factor in the increase in home
prices due to the demand in markets besides the United States,
such as China. By implanting green building techniques such as
using locally obtai...
Darsh Patel
Costs outside of mortgage and taxes?
Hi Everyone, I just bought a multi-family home in South Carolina. I know that I am going to have a few monthly costs. Those costs are my mortgage payment and property tax. I wanted to know if there are any other month...
Daniel Mendez
Rental Insurance: How much liability coverage do you ask for?
I have a tenant that will be applying for renters insurance. How much do you ask for the liability coverage to be when you ask your tenants to get rental insurance?Also, any idea on what the monthly cost for renters i...