I have a private lender who is loaning $80,000 at 4% interest paid back at $266 a month for six months with the $80,000 paid back at the end he's charging $800 origination fee is this a scam ?
Hello everyone.We have a great realtor that we work with, but we are also interested in making an offer for a house that is not currently on the MLS or up for sale even. I know that people do this everyday, but I want...
Hello!We have a triplex in Missoula, MT, and have had repeated issues with tenants not caring for the shared laundry room. Actually that's an understatement... It's happened twice now that one of the tenants has lef...
My wife and I just found out that we will be returning to our alma mater Virginia Tech next academic year and are super excited! I am active duty Air Force and will be an AFROTC instructor for the 2022-2024 academic y...
Hi all! Newbie here. I just purchased my first rental property and am in the process of looking for a good PMC to manage it. I spoke to 3 PM companies, 2 of them being RE brokers and property managers. This is my firs...
I've always heard that you can expect to be anywhere from 8%-12% of rent for professional property management. I'm finding PMs who charge that as the base fee... but what I didn't expect is to see a high cost for find...
Hey folks,Question for the medium term rental crew: how much time/effort does it take to self-manage a typical 1bd/1ba furnished MTR?I realize the answer probably depends on lots of things (like the location, grade, e...
In a state with no income tax, I'm getting killed by property taxes of 7K a year for each property. Some would be 10K if I had not sold those year ago.
I'm considering leaving this state, it's a dumpster fire, crimin...
Hello BP friends, I just love reading all the wonderful content on this site! I can literally spend hours reading and soaking in all the great stories and advise from so many awesome members. Before I share my recent...
Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...