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I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
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Hey guys!Not sure if right forum to post but I thought this was most appropriate one. I was curious to hear how people's investing has effected family/friendships/relationships, if at all? I notice as I'm getting more...
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One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
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Here I sit, working a Master Lease Option on a 60-unit. It's a decent deal: $50,000 to hold it for 3 years. It's mismanaged and has upside. Needs a minimum of $300,000 to get it from a C to a B. In other words, I will...
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Hello BPer’s, in my continuing effort to take actionable steps towards real estate investing I have started the 30 day analysis challenge (Analyze 30 properties in 30 days). Here are my basic parameters:Target Market...
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Hey guys... Just curious about this... Let me know your thoughts.Thanks!Chris
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I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...
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Finally got my first deal done!!! It was a hell of an experience, but I wanted to receive my first rent check before I posted my success story.Quick background on myself: I am 25, finance degree, work full-time, aspir...
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Greetings all, As I am driving on my way to share knowledge with my current place of employment (that's all it is), I came across an interesting, creative RE idea which generates additional revenue when turned into a ...
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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...