Edward Brewington
Property Management Renewal of Lease Fee
The property management company I work with in Michigan wants to charge me $250 for a renewal of a lease. I have two other PMs in another State and they don't even charge me for this. Is this common? It's just resigni...
Jobie DeVinney-Walsh
Are we expecting too much from our property management firm?
Since we live 4 hours away from our properties, we have a property management firm.
A year ago we personally inspected the properties prior to putting them on the market for sale. We found the condition of one house...
Brett Campbell
Should I sell or should I rent
I am nearing the end of my summer project. I have been remodeling a 3 bed 2 bath in Fayetteville, NC. As I am coming to a close, I am faced with the tough decision of flipping or renting. I went into this project with...
Kevin Longeuay
Are these red flags or just first time buyer jitters?
I'm looking at purchasing a condo from a turnkey company in Indianapolis and it looks good on paper but wanted to check with you folks.Here are the numbers:Price: $65kRent: $1075 (2bd 1.5 bath)Expenses (PITI, PM, HOA)...
Rob Smith
Invest in mutual funds or in real estate ?
So I am wondering what I should do with $40,000 that I have. Should I invest it in mutual funds or should I invested in buy-and-hold single-family residence? I am looking to invest for the next 15 to 20 years and hav...
Mitchell Hammack
15% Property Management Fees Reasonable?
I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...
Troy Sheets
Next level cap raise; syndication, debt, equity? Help!
My partners and I have been very fortunate thus far with a great group of friends and family type investors that have allowed us to grow rapidly. We started with a single flip 3 years ago and grew to more than 141 Uni...
Cristiana Kimmet
mortgage options
Hi,
I have the opportunity to buy a investment apartment of about $125,000 which I could get around $800 per month in rent. I have about 25,000 cash to put down as right now and I could get the rest to pay of...
Account Closed
CPA / Tax Advisor averege costs
Hello! Hopefully this post falls within the guidelines of the forums.. I am just trying to get a feel for an average price to be expected for:1) Initial tax evaluation, plan creation etc (flat rate per year)2) Tax ad...
Doug Henson
Myrtle beach property???
Hi, I am hoping you can help me out here. I am new to this game - very new. We have a Townhouse in Toronto that we have owned for a couple of years. It was recently appraised at 300,000 and we have a mortgage on it...