I personally built & own a 12 unit, 100% occupied (for last 3 years) multi-family , with 10.5 % cap, $115K gross inc, on 3 visually appealing acres, located within 3 minutes of a major military base (yet I have 50...
Hello Bigger Pockets family!My name is Mark, I'm 41 years old and brand new to real estate investing. When the COVID quarntine started, I decided to pick up some books to read since I had some spare time, and one of t...
So let's start the great debate.... Is this a good deal?If you spend 2 minutes in the forums or talk with any new investor that is the question you hear when analyzing a deal. In the real estate world that is the que...
How to choose property manager? What to look for in property managing company? What questions to ask of them?
Hi All,I am working to purchase my first investment property (single family home) located in Vermont from a family member.The home is appraised at roughly $50k more than purchase price. I have been working with Rocket...
In the process of buying a 12 unit apartment building and will be my first time hiring a property manager. They say their standard rates are 10% of income, 1/2 of first month’s rent for all new tenants, and they charg...
Hello all, my name is Ben Latusek and I am a real estate investor and owner of Synergy Property Management. I own, manage, and operate out of the Des Moines, Iowa metropolitan area. I have a real passion for real esta...
Just curious what everyone looks for in a property manager? What are your red flags during the interview process?
iN THIS COMPETATIVE MARKET I SEE QUITE A FEW FOLKS CHARGING A LOW CLEANING FEE TO NO FEE AT ALL. TO ME IT SEEMS YOU ARE BUYING A JOB AS A HOUSEKEEPER. I AM IN A SMALLER MARKET IN GEORGIA AND IN THE PAST YEAR MULTIPL...