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Hi all, I'm new to long-term rentals and I need to know what the market rent would be for 3260 Kinard Street, Pensacola, please? (I'm looking to get a market rent for 4 bedrooms.) One thing to be aware of is this pr...
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Just wanted to post that I hired a property manager for my four plex. I've been quite critical of Property Management companies, stating they are a waste of cash. We had experienced high cost on turnovers in both PM...
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Thinking about selling my SFR to get into a multi-unit (4-Plex, no more than $400k and hopefully way less)...We also plan to then manage it ourselves. We should have enough capital to put down up to 25% down (is this ...
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Can anyone help me with this? Feel like I am underestimating the costs. There won't be property management cost as this will be my first property. Very much appreciate your help!xxDownsideBase CaseUpsideProperty Price...
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I just kidding my landlord and going, I have been fooling around with cozy and Stessa. I have kept looking as I’m trying to find somewhat of an all in one system. I downloaded and spend a lot of time with TenantCloud...
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Some basic things to factor in:
Who is the syndicator?
You are giving up control to this person
Fixed-rate debt or at least rate caps?
Does the syndicator have skin in the game?
Who holds the funds?
Do the rents...
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How does a landlord get paid? Do they get paid a salary? What are the tax liabilites?
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Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
Here is the deal: 8 unit complex. Purchase price would be $325,000. Owner would finance for 6.5% 10% down. Each unit rents for $500. Only 1 unit has been vacant for 1 month in last year. The roof was new in 2016. Cur...
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Hi All - New to the forum/site, many thanks in advance for any feedback.I'm targeting 3-Flats in and around the Avondale area, and am looking for perspective on the following...1. What I should expect for a CAP rate? ...