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I'm in the process of screening/getting estimates from contractors for my first rehab (a fix & flip). While at Home Depot today gathering a list of materials, I thought of the fact that it also provides servi...
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Introduction:
Investing in multi-family properties can be a lucrative venture, but it's essential to carefully evaluate the condition of the property before making a purchase. Older multi-family properties, in partic...
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Does anyone have a clause in their property management agreement of when payouts should occur/be processed following monies received? My property manager takes a few weeks to process payments after receiving tenant pa...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cedar City.
Purchase price: $175,000
Cash invested: $60,000
This was my first house and investment property. I had owned i...
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Several Basic Fraud Schemes to Note:
I have now been in accounting and specifically in Forensic Accounting and Fraud Examination for 7+ years not only dealing with your typical frauds, embezzlement, theft, and breach...
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So I have read and understand the 2% rule but my question is for the non traditional home loan/mortgage. What percent do you want if it's just buy cash for a property? Seems to me 1% a month or 12% a year seems goo...
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Good afternoon-I am reading over a potential PM agreement and want to confirm that the PM charges are reasonable and customary.1) 75% of one month's rent for tenant screening/placement. (Seems reasonable)2) 8% monthly...
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I was asked to help purchase a number of cash flowing properties for a family member. I have a bit of experience and am investing in a market much friendlier to cash flow then the family member. Because of my knowledg...
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Good morning everyone. I’m looking at channel managers for my first STR I’m purchasing. I’m looking at iGMS. I’m willing to pay a bit more so that I have the tool that gets the job done with coordinating cleaning crew...
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I have a property in Little Village where I need to have water restored to the property. Does anyone have a plumber referral for a water line replacement from the buffalo box to the home?