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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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I am currently in closing on my first investment property and have to find homeowner's insurance. I am not really sure what coverage I should get on the property. What coverage do most people get? Does anyone have ...
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Hey all! Looking for some advice. We are looking to do a private money lending deal with a company out of Chicago on a SFH. There are some details I just found out about. Although we will be the 1st lien holder on...
I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents (W-2s, pay stubs, ta...
Trouble refinancing due to Covid rulesMy business partner and I have multiple multi family apartment buildings held as a General partnership. They are all cash flowing and we both have good credit scores and Good inco...
Hello,I purchased a property with 3 apartments and 1 store. There is only 1 water meter on the property, so I pay the water bill (working on that..). I inherited the leases of all 4 tenants.The store lease states I p...
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Hello BP, I am new to biggerpockets and have been researching RE for about 6 months. With all of the great info here on BP, YouTube and reading RE investing books I have soaked in a lot of info. I am looking to buy m...
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I want to know how do I determine how much my assignment fee will be? Please advise.
Thank you all who respond.
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Who knows about the laws and rules regarding the # of units within a condo that are allowed to be rentals vs. owner-occupied? My understanding is that HOAs typically require at least 50% of units to be owner-occupied....