Stephen Swanson
Estimating Maintenance & Capex Costs in Bay Area - Older Building
Hi All,I'm looking for a house hack in the Bay Area (SFH with ADU or 2-4 multi), probably an older building that is in good to rehabbed shape, in the $500K-$900K range. Rules of thumb of monthly 5-15% of rents for C...
Account Closed
Employ Adult son to manage rental property
Hello, I am newbie and need help. I do have 2 rental properties. Can I employ my 18 year old son to manage these properties, pay him (put that in his College fund/IRA) there by reducing my tax liability on the rental ...
Reece Bierhalter
Property Management Software - Small Portfolio
I have finally come to the realization that I can no longer run the financials and handle all that is required to run a rental property in my head or with my manual spreadsheets I have created. It is just too much, an...
Almantas Buikus
Keep it or sell it ??? Is my math of or am I right..?
Hi everyone.Need a little help here.I'm a reader, not a writer, but this time I decided to ask you for advice... Up until now I was doing flips (not many, but did few) and knew my outcome pretty good. But my last purc...
Tyler Turpin
Visiting Memphis for investing homework
Hello everyone,
My wife and I are visiting the Memphis market Saturday through Monday. I wanted to ask for referrals for property managers in the area. I've called 7 so far and got a voicemail on all but one. I am no...
Peter Li
Property Management Expenses
What would be a typical management fee that a RE management firm can charge on managing your property? I know most would charge certain % on the initial rental (setting up with a new tenant) and another % for the ren...
Brandon Chen
Potential Seller Finance deal to purchase primary?
Hello BP,
I currently reside in Valencia, CA, I own my Primary residence (townhouse) and a 4-plex here in Valencia. I have been thinking for a couple of days now that I want to purchase another townhome / SFH in the...
Christian Nachtrieb
Preferred Return Question
Question regarding offering private money investors a preferred return... is this figure based on the net income the property produces after operating expenses? If so, I'm assuming then that you would run through thos...
Dawn Fu
How to make use of unfinished basement
I checked several multi family listings this week, and found many of them have up fished basement. I was thinking of converting basement to storage. but since I have to renovate the basement anyway, are there any bett...
Iliana Oudom
What is the best selfproperty management app? Thanks
What is the best self management rental app? I just bought my first rental property.