Considering a personal loan to an individual for a real estate investment. The request is a loan with an interest of 12.5% paid annually x 2 years. After two years the initial loan amount is returned. Seems straight f...
Hi, I'm wanting to do my due diligence so i can choose a turnkey company. Looking at Norada and Rent to retirement to facilitate my first purchase out of state. (I live in California) But I'm pretty unclear on how to ...
Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...
I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...
Has anyone tried using Stessa? It seems like they offer quite a bit for free but since they were just acquired I'm wondering if costs will increase. I plugged in my basic info and it generated a nice dashboard. I woul...
We are exploring the options of buying all our properties through a Title Holding Trust, or individual THT for each property. Curious if anyone has a complete checklist, doc templates, etc. for us to review. We will e...
I've tried researching this a bit but haven't quite been satisfied with what I have found, so I apologize in advance if this has been answered and I just missed it or didn't understand it correctly.
Few questions -...
say if a multi needs to be rehabbed in order for it to be livable. Say it needs 60-80k in work. Say the asking price is 375,000.00. Do you apply the 50% rule to the 375k? Or the purchase price plus the rehab?
I've been considering potentially selling a large duplex of mine in Tulsa, OK but I'm not exactly thrilled to pay 3-6% to a realtor to list it on the market. Can any realtors (or anyone who has done this before) chime...
I’m looking for recommendations for property management companies in Killeen. We are looking to purchase a 4-Plex. We have accepted offer, in due diligence phase. The current PM on the property has not done a good job...