Mitchell Hammack
15% Property Management Fees Reasonable?
I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...
Marcin G.
asset protection strategy
I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...
Michaela G.
Old Atlanta water lien
Ok, I'm throwing this out more as an interesting situation to show the unexpected stuff that can happen. Since most are in different states, with different laws, this may be completely different for you than for me. ...
Jim Young
Roof Replacement (Capex) vs. 1/2 Roof Replacement (Opex)?
The roof on my townhouse is nearing the end of it's useful life. The ridge cap recently blew off and I'm facing the old "repair or replace" question - with a twist. It's a simple peaked roof. The front slope faces ...
Jennifer Roberts
DSCR Loan Vs. Conventional Loan
As a newer investor I'm wondering why I would want to max out my DTI before applying for a DSCR loan? Are there any pros or cons to this? Or why would a lender recommend this? Just for reference, I have a good amount ...
Harry Nima Zegarra
Banks accounts for Series LLC (series A, B, etc) in Dallas
Hello guys,New in Real Estate, started last year and opened a series LLC. Initially (as I am still learning about this) bought the property, got the Tax ID and opened the Bank account under the "mother LLC"... now I a...
Mary Joe
low cost cash flow ppty - pls help me understand
Can someone please help me understand the the reason why these low cost properties are so popular?
It seems that many people are purchasing these low cost properties that generate a net positive cash flow of about $...
Diane Tycangco
Wyoming LLC owns CA land trust, lawsuit is in CA, how does Wy LLC protect CA property
Hi everyone, I am contemplating asset protection strategies for my California and Memphis properties and a real estate guru says to hold the California properties in land trusts owned by a Wyoming LLC. This WY LLC wo...
Brandon Harris
Lease modifications after "interesting" mid-year inspection
Hello,I'm looking for some input on how to resolve issues I found during a rental inspection yesterday.I performed an inspection of a house that has been rented for 6 months. Lease is 1 year term. The tenants are a wo...
Dave W
Mentors?
New to the forum, curious how many people started out with a mentor. I am 21, a recent college grad, law school bound. REI has always been a goal of mine regardless of any other job. I have capital, no debt and excell...