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I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
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Hey guys! Just thought I would throw this out there and see if anyone has advice for me, I am VERY fascinated by house-hacking, and have been watching / listening / reading everything I can about it for multiple years...
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Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
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After reading Mr. Money Mustache for several days know that and The Richest Man in Babylon have got me thinking. If I could cut out my car payment I could save/invest a decent amount of money.
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Our buyer’s agent offered to list our duplex for rental with the commission paid by tenants. However, it has been 3 weeks after closing but there has been no deal despite activities of showing and open houses. We are ...
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"So, how many properties do you own?"
I get this question almost every time I tell someone that I'm a real estate investor. Tenants and applicants ask the same question also. I generally respond with a smile and s...
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For my first purchase, I will be house hacking in a multifamily property. The examples below just happen to be in PA where I have never lived. The questions apply to any property no matter the State. When I return to ...
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I am a 16 year old sophomore in high school. I want to get my real estate license at 18 and start working the business then. Over time I want accumulate a portfolio of 1,000s+ cash flowing multi family units. No matte...
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So I've been marketing for at least 2 months now. Sent out about 100 hand written yellow letters, not a single response. Put out about 40 bandit signs. Got 1 call from it with from a homeowner asking for 50k more than...
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