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I do and I see everyone accounting for around 10% for PM service, but where and how do you account for the 1st month rent they may charge? Or is that not the norm and most really just take $90 of $900 rent to move a n...
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Hi BP,So I inherited a couple of tenants on a duplex I bought recently in Marietta, Georgia that had only 1 full month of rent before lease expires. One tenant has been great, the other has not. I purchased duplex on ...
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Hi y'all, New to this- so don't eat me alive. Reaching out what are the cons and pros in investing in multi-units out of state (coming from California). Other than who to trust, I've been getting all documents from re...
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I looked at 2 quadplexes this week and both had the utilities split (i.e. gas and electric paid by the tenants) but the water bill was paid by the owner. meaning that there was only one water meter.
is this the norm...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $120,000
Cash invested: $24,000
Added a 5 unit mixed use building to my portfolio by investing with a ...
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I'm thinking about getting into the industry. What exactly does a property manager do for a commercial office building? Could someone give me an example of a day in the life of a property manager?
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After a visit to my rental property, I discovered 2 windows were broken. The tenant will be staying for at least another 2 1/2 months. I was originally going to use his deposit to pay for fixing the windows but is it ...
Hello everyone,I have been listening to many podcasts talking about the virtues of getting a little more cash flow with a rent to own agreement. I found a property that might be worthy of this strategy, but I asked m...
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We are looking at our 4th vacation rental property in the Adirondack Mts (upstate NY).Our current bank is offering 4.08% with $7,000 closing costs, no guarantee we will be approved, and it takes 2-3 months to close, w...
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I just closed on my first house ever and it was an investment property. Wanted to ask you experts out there, is there a wait time to get a primary residence mortgage next? My apartment lease is up soon and I'd like to...