This is a confusing question. Let's say I put down $100,000 into a property which I then sell a few years later for $150,000. Now let's say I 1031 that into a new property with a total down payment of $225,000. If I'm...
I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...
I have been looking into the BRRRR strategy for awhile but with interest rates where they are, is the BRRRR method still possible to benefit from?I am still learning how to go about doing it and would appreciate any i...
Hi everyone - my husband and I are Denver based and are purchasing an investment property in the Tampa area with our friend. Our friend will be living in the house as his primary residence and we are splitting all cos...
Hey all,I was doing some searching and came across a buyer's list for realtors however I was wondering how to build a potential seller's list of which I can add and edit as a continue to grow. For example if I want to...
Hi Everyone,I'm looking to get started flipping houses out of state with partners. Before I talk to my CPA, I was wondering what was the most common method for asset protection for flips? I have seen many who use land...
Hello,
I have a to give a shout out to this community. Several months ago I made a post regarding buying a multifamily property in my area of Pinellas County, Florida. At the time, I did not even know I could purchas...
A little bit about me first, I am 24 years old married with 1 child and I love finance and managing money my mom is a realtor and broker and she was my inspiration partly to get into real estate. I followed Dave Ramse...
I will be refinancing my home and using equity to purchase a STR. Doing so, will allow my to pay for the STR property in all-cash and offers a lower interest rate (as compared to a separate loan) however the lien will...
In the world of property management, the question of whether landlords should approve tenants to perform maintenance on rental properties is a common and multifaceted dilemma that requires careful consideration. This ...