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I am looking for a PM in St. Louis MO area to handle rentals. In MO is there a PM certification required of companies ? (In addition to a brokers license). Also running into a lot of 15%, I am used to 10% plus first m...
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I am a newer real estate agent and I would like to get the hang of turning profit doing that first, so for now I am just learning about investing while working in the world of real estate. I only want to be an agent f...
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So I'm just getting started and I apologize if my question is basic or ridiculous, but I'm buying my first property and depending on closing, I may not have any income during this calendar year, but I was wanting to s...
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I just purchased 24 units (three identical 8-unit buildings) that share a parking lot. I've been at the property a lot in the last couple of weeks, and tenants are telling me that a group of teenagers will bust throu...
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What kind of interest rate spread do you typically get at banks for loans on investment properties vs. the interest rate they charge for owner occupied houses?
For a conventional 30 yr mortgage, the bank I we...
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Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showin...
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Any experienced investors from the maryland area care to weigh in on the issue of marketing to pre-foreclosures in baltimore? I read the regulations stating that you must be a certified foreclosure consultant if you a...
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So we finally found tenants that have good income, great credit, no eviction or criminal records, and plenty of money in savings. But for some reason now they don't want to pay a month and half security deposit, they ...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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What if I have found a motivated seller, and I have the property under contract, and I begin to market the property to end buyers. Let's say I have the property on my website, Craigslist, and the newspaper. And it ...