I am looking to start the search next year for my first multi-family property, and wanted to look at cashflow statements of those already running performing multi-family properties.
What am I missing for fixed expens...
So let’s assume you have a rental that grosses 40K a year.
Here are your VRBO expenses:
- either $599 per year flat fee or 5% rental commissions.- 3% credit card fee
-3% advance pay fee
- Average of 8% “service fe...
Hi, I have a big dilemma. Because of double taxation Canada-USA (63-73% in my case) and all international form requirements, since I got married last year, and became a US Citizen for tax purposes ONLY (!!!!!!!!!!!),...
Hello BP, Has anyone heard about this new UltraFICO score coming out next year? I haven't heard much but I do know it's supposed to track your cash levels in your bank accounts to see how much liquidity you have. Will...
I am considering advertising with a TV commercial. Does anyone have any experience with TV advertising for motivated sellers and if so can you share it with me? Thanks!!
Ive got my first Rental Property up for rent this month.
Ive done alot of research and just wanted to see if these numbers seem realistic to the Pros.
Rentals in the area for a home similar to this one got for $1200...
Here is the question of the day, do I spend my $70k from my solo 401K and purchase a house at auction or do I leverage that money and purchase say a 4 unit with a mortgage? If I can buy the house at auction with no m...
I’ve always collected rent via check, as I was house-hacking a duplex. I’m now moving out of state and will have two tenants a thousand miles away. What programs have you used for online rent collection? A quick searc...
Hi,My husband and I have 21 rental units and decided it was time to move them into LLC's (separate LLC's for each property). Does anyone have any book or website recommendations on how to properly handle the financia...
Hey there,Wanted to get your expertise on posting and finding qualified tenants across the various platforms (Zillow, Apartments.com, Craigslist). I luckily haven't had to search for a tenant in three years, but need...