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we are closing on a property very soon, and are going to put a letter to our tenants explaining a few things. would love to get yalls thoughts. it is a duplex that has both units rented out.
"Hello tenant, We are ...
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I need help with a tax
question - I bought a house with my father to flip at the end of last year. So,
by government classification we were a general partnership at the time. We
financed the house using a loan in o...
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I had a chance to review a few property management companies in a short period of time, and it made me wonder why they charge so much. Typically the monthly charge was between 8%-10% of the rent. If you rent is $1,000...
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Hey everyone, me again, I am practicing underwriting MF deals and came up with a few questions (I am sure there will be more). -when figuring rules of thumb regarding payroll cost per employee/position or things like ...
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I'm a new investor in the Charlotte NC area. Working with single houses. Looking for advice on property managers. Any recommendations? Any advice on mid size management teams vs large region wide management companies?...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Youngstown.
Purchase price: $67,500
Cash invested: $21,000
Sale price: $67,500
Purchased this Duplex for $67,500 using...
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I am wanting to enter the REI world but will not have time or skills to self manage. Looking for a property manager and think I have found one but wanted to make sure his fees are in line with the norm:9% of all rent ...
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I just got billed $365 by my property manager for replacing a toilet fill valve and supply line. That seems a bit high to me, but I figured I should check before I get too upset about it. Does anyone local to Memphis ...
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Hi there, I'm new to real estate investing. Looking to get into multifamily student housing. I'm going through property management companies in my area (Tallahassee, FL) and am hoping for help on some good questions...
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I am working with a seller on three 5 plexes that he wants to sell as a package deal. He is not willing to separate them at least not at this time. All units are currently occupied. Here are the numbers: Asking price ...