David To
issue with my Property Management company fees during covid
Okay people, let me get your opinion on this. I have a property management company that I'm with for over a year now. Problem is this:1) Property 1 (management fee: $150.00 per month)2) Property 2 (management fee: $12...
Tj M.
How do you like having paid off rentals?
I know people have different opinions on paying off rentals but for those who have how do you like it? Did it allow you to buy more properties faster,did you pay for the next property with cash or did you end up takin...
Matt Cianci
Long Distance Landlord - Avoiding Management Companies
We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
Ian Andrews
Neighborhoods outside Philadelpia for 1st multifamily
Hi everybody,I'm brand new on the site and to real estate. I was hoping to tap into some of the knowledge that some of the other members on the site may have about the Philadelphia area. A little about myself; I've...
Steve Chan
Why keep money in your 401K?
If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
Matt Hunt
How to split profits and fees?
Hello all, I have started an investment company that specializes in flipping houses and I have a group of investors that are fronting the capital for the projects. I am doing a split with them based on the % they have...
Bobby Beard
Is it me?
Since I have gotten into RE and doing pretty good with it I find myself looking at all my toys ( boats, extra vehicles, 4 wheelers, gun collection, etc ) thinking to myself I should sell all of it and invest into more...
Nicholas Layton
Why so much emphasis on Cash on Cash return?
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
Sebastien Carriere
Military In San Diego. Should I buy or rent??
My current apartment offered me a new lease for 2,032 and I’m having trouble coming to terms with paying this amount for rent. My income after deductions is 70k and my wife’s annual income is a little over 50k. We bot...
Robyn J.
Contacting 1st lienholder as we are 2nd lienholder about to foreclose
I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...