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What's the going rate for property managers? I've always assumed it was 8-10%, but i'm now seeing prices for 1 month rent plus 10-12% per month. Is this normal for the indy market?
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Hey guys. I am negotiating a seller financing deal with a property owner,who inherited a home after his mothers passing. House has no mortgage. He likes the idea of seller fiancing but in not sure how it will be taxe...
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I just bought a 3 family home and need to fill 2 of the units. I have one applicant with 4 children and an applicant for the other vacant unit with a black lab.There is a fenced in yard all tenants would share.What do...
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Looking forward to purchasing my first Cleveland property and I needed to get a deal on what expenses are expected from a landlord perspective
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Hey Guys,
I have a question, I own a property cash and I am looking to cash out refi, The property appraised at 335K and I am cashing out 190K , my closing costs are considerably high, 15K compared to closing costs I...
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Hi, I am new to BP. I am looking to invest in a property in Port Angles and trying to understand a few things about property managers for Short term rentals. These would help me to analyze properties and make some dec...
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What are all the costs I can expect on having during closing and how can I figure out normal prices or estimate what it might be?I want to figure out a ballpark estimate of closing costs before I analyze properties so...
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Hey Folks,
I'm under contract to buy a 4 unit building, 3 prime residential with ground floor commercial. The residential are large (2000+ sq ft) but only three bedroom. I'm considering adding a bedroom to each in th...
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Hi all!
Just got a great deal on a place in Raleigh, NC, cash buy. Just got a quote from the RE agents recommended law firm and I’m looking at nearly 3500 in closing costs, more than half of which go to the attorneys...
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BP,
I come to you as a BRAND NEW landlord (we just closed on our Anchorage, AK 4-plex YESTERDAY and couldn't be more excited). We will be owner-occupying/house-hacking it for about a year. It is currently fully occu...