Reading a property management agreement for a 8 unit MF property, what is the reasonable management fee? There is also exclusive right to represent me when I sell the property. What is the typical brokerage commission...
I am a newly property owner. I just purchased a 4 unit apartment building. 2 units are 1 bedroom and the other 2 are 2 bedrooms. Currently the rents for 1 bedroom is $800 and the other 1 bedroom is going for $700( ...
I want to buy a duplex or triplex. I am running into properties that are fully occupied. Some are with leases and others month to month. I believe I have a 60 days to move in per FHA requirement. I'm sure this issue i...
We just finished the refi on our primary home, that is also a rental unit with garage apartment and basement apartment essentialy paying our mortgage. We also got another rental unit from a family member who couldn't...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,275,000
Cash invested: $475,000
Sale price: $2,740,000
7 unit value add project. Original NOI upon pur...
I call it luck and perfect timing. It was my first investment in RE. Back in 2011, pretty much the bottom of RE market, we bought a condo in Seattle. Never set our feet to it, bought through a long-time friend who ...
As I ordered more of this stuff, though I'd share here. If you have old rooms with many layers of paint and cracks you know it will peel no matter what you do, especially on the ceiling. I wallpapered my living room ...
I have a potentially small and intermittent gas leak in a house that's becoming a real pain. And before you immediately chime in with 'call the gas company right away', I already did that. That's why it's becoming a p...
I own a house in Englewood CO, that I am considering selling, based on the current state of the Market I wanted to explore the possibility of offering seller financing to a potential buyer. I wanted to see if anyone...
"Recession-durable RE investing for non-accredited investors" How do you defend against recessions, without sacrificing ambition? What are your favorite loan products and LLC strategies to optimize scaling in times of...