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In the early stages of looking into apartment syndication. It really has sparked my interest with possibilities as I am a slave to my W-2 job at the moment and this would be a more passive way to invest at this time....
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Background:I have a tenant who has been renting for about 10 months. She is a retired probation officer and currently works part-time with one of local city governments in the traffic court division. When she first ...
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If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
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I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
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Long story short, we popped the top on a rancher, and rebuilt the home from the ground up. The GC hired a professional HVAC that he works with on all projects to install the HVAC. The day after settlement the buyers...
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I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
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My experience with Memphis invest has been great until my first tenants broke the lease, and left with $3900 repair cost. What separate Memphis invest from other turnkey providers is their excellent customer service. ...
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I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...
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As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
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I am in my late 40s. I have always dabbled in real-estate and done well. I am approaching it in a much more specific way now. Should be closing on my 6th rental next month. What is the goal number of homes for most of...