Tyson Scheutze
The Price of Property Management
In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...
Alex Rodeberg
Does hiring in-house management make sense for small investors?
My father and uncle own 124 residential units with cashflow around $520,000/yr. This isn't including a management since they currently do it themselves. They are now looking to wind-down and focus on commercial proper...
Carly Peterman
Blind Bid - No Listing Price - Starts at $1 - Not a Foreclosure
The neighbors of some family of mine are selling a SFH, maybe worth around $400k if it was fixed up, but is in bad shape due to foundation issues. Currently getting bids off the engineer's report to estimate foundatio...
Devin Monroe
How do you make money with a PM?
I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
Vladimir Del Valle
looking for right solution to manage my single family home from out of state.
Hello. I already got a property manager for my 4 bedroom 2.5 bath single family home, but their fees are quite high and communication could be better. We also use American homeshields (price increase from 500-980$ thi...
Rick Howell
Is a Property Manager Right for You? 5 Benefits
Real estate investors are faced with a seemingly unending list of decisions to be made. Which property will make the most profit? Which neighborhoods are up and coming? How extensive should the repairs be? Who can mak...
Louise Whidby-Drake
Investing nationwide
How does one invest in property in another state other than the state in which they live when one is still bound to a 9-5?
John Smith
Property Manager Commission
Hi guys,
I just have a real quick question. I know that the average cost of a property management company would be 10% of the annual rental income. I know that reason why property management companies charge 10% is ...
Eric DeVito
Property Management Fees?
Hi all! Interested in investing out of state and looking to get a 2-4 multi-family unit. What would typical property management fees run me? Trying to figure out how much the fees would take away from monthly rent inc...
Account Closed
Buy and Hold, DIY a Pre-req?
If one is starting out in real estate do you need to be the handy man type (I am far from that) or can you learn the basics of DIY as you acquire properties?