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Hi BP I am new to real estate investing. I just recently purchase a 2 family unit. I really don't understand how to figure out the numbers. When I use one of those analyzing calculators it's showing me I will be in t...
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Hello all I am a newbie here, just have been dong a lot of research. I am living in New York and I would like to buy and hold here, but it is just to expensive for a beginner like myself and not much out there in my p...
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Hi all! I'm wondering if my expectations of my management company is too high or if I'm misunderstanding what they should be doing for me. Recently, I asked management to notify my tenants that we were going to increa...
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Here in WI, as in most US states, you need a broker's license in order to manage other people's properties. But you can, ofc, manage your own.What does 'your own' mean when there are entities involved?What does 'manag...
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Hi my name is Kendricks and I have just began my journey in looking for Real Estate Investing opportunities. I am almost 23 years old and I was hoping for advice on where I should start to get into real estate investi...
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So many of us, especially newer investors, agonize over the underwriting of a deal, and rightly so. However, often very little thought is given to the screening and management process and that is evidenced here in the...
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Hello my name is Reuben and I am a newbie from Portland, OR. I am actually stationed in San Diego right now (Navy) but I am interested in investing in the Northwest Area. Some background information on myself.. I was ...
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What is the standard rate for a property management company? I came across a company that charges 9% management fee of the monthly rent and one months rent leasing fee when the company puts a new tenant in the unit. A...
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I've been looking for my first investment property(s): I'd like to keep my cash outlay to $50-75,000... I have a pre-approval for a Lo-Doc, non-owner occupied loan up to $500,000, 25% down, 6.25 interest, 30 years --...
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Hello. I don't know how much to offer on a multi-family property I am interested in. It is 32 years old and has 8 units, which are 1,218 sf. each. They are currently renting for $565. and the interiors are not too old...