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 $...
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...
I would like to get into RE Investing but having trouble determining a niche. I get the benefits of residential, but backing a 4plex with a personal guarantee scares me. I also get the benefits of large apartments whe...
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...
Is it possible to make an owner finance deal work where the owner has no equity in the deal, and still has ~350 payments left to make? It's a rental property, and to make it cashflow on my end as the buyer, I can o...
@Linda WeygantI have a couple of questions and know exactly the right person to ask so I've tagged Linda Weygant a CPA that was on podcast #244. Definitely my favorite podcast by far not sure if that is because I'm an...
I have a deal that I'm looking at that has a $10M non-recourse assumable loan with a mid 4% interest rate for 20yr term. I normally look at just getting new financing at purchase, but wanted to consider this option t...
Hi everyone, I've been reading about how partnerships can be set up and I have a specific question. If two people want to buy a house to rent as 50/50 equity partners, how could the ongoing maintenance costs be struc...
I need some real insight on this subject and look forward to hearing from everyone and anyone they can help me or point me in the direction of someone who could help... thanks again!
I have a friend who owns a condo ...
I have a pension worth 60,000 and would like to cash out. Does anyone know what and if I have to pay taxes on the money if I use it to invest in real estate? I'm 62 and I was able to cash out at 55 without penalty. Th...