Hello,I recently purchased my first rental property -- a 3/1 SFH in Detroit. These are the fees my property management company supplied in its contract. I'm curious if these seem reasonable/fair. Any thoughts are appr...
Ever peeked over the fence at the glamorous world of real estate investing and wondered, "Just how much dough are those folks raking in?" It's a juicy question, one that's sparked countless dinner table debates and la...
I don't like the idea of accepting tenants with lots of outstanding judgments. My rationale is that if they already owe someone else money, I probably won't get paid if I end up evicting them and holding a judgment a...
I was wondering if all private and HML in IL charge points?
As the title of the post implies, I need some help determining the best structure for my real estate business. I've flipped four houses over the last year and a half with my business partner and we're working on our ...
I'm in the Minneapolis market and I'm aiming for an 8% Cash on Cash Return. I'm buying for cash flow and I'm coming up with about $75K per unit while the comparable sales that are listed are about $150K per unit. I'm ...
If a homeowner finances you his property for 100k and you agree to pay him 100k but he owes 50k, and he has been paying for the property for 20 years, if you keep paying the mortgage payments and you agree to pay him ...
what are some things i need to have in order......in order to purchase a 20 unit apartment complex for $975,000.........i have been managing single family properties for over 10 years now and ready to step it up
All - I have been working on a business plan for investing in 5-20 unit apartment complex. I am doing this partly for to map out a plan, but mostly as an education process. At some point I would like to have it revi...
Does anyone pay a tenant finder fee to a property manager or agent?
We have a property manager that we pay 8% of rents to plus a tenant finder fee. He also wants to be paid per showing because we've had many showing...