So yet another new (to me) dilemma in real estate investing. I have a mobile that I have crwated a note on and the lady has yet to miss a month. She has been late a time or two but always pays the late fee. Howe...
Going through two agents (seller/buyer) is a real pain when you are trying to negotiate with a seller and leaves plenty of room for miscommunication. I've used the power of the internet to connect directly will seller...
I am familiar with single family rentals, and in my area the typical rate for property management is about 10% of rent collected. What is the ballpark percentage for multifamily properties? I read another post statin...
How do you folks go about categorizing income and expenses on your rentals?
Do you have categories and sub-categories?
Do you track plumbing, electrical, etc - or just "repairs?"
Is there a difference between "repair...
Hey BP,
We are in negotiations on this immaculate 6 unit multifamily property which consists of a 3 Family house and 3 Mobile Homes. We have the property inspection on Saturday and think that it will go fine. The pro...
My tenants are two adults (unmarried couple) and a minor, Should the minor be on the lease agreement too?How much should/can I inquire about the minor?
I'm currently comparing two multiplex units. Both are quadplex with 2bd 1 ba mostly comparable price. Main difference is one quadplex comes with an HOA that covers water, sewer, garbage, exterior building maintenance,...
I own an investment property outright. I want to take a line or credit out on said property. It is worth $80k. My credit score is 740. I am looking into buying a ~$70k property very soon. It will be my second inves...
Hello,
I do not wholesale (yet). Usually I buy a property, take title, then sell it and transfer title to new buyer. I have a few deals a seller called me with and I would like to make some money off them. However I ...
I'd like to pretense this question with the fact that I'm not a real estate wholesaler... yet. I'm laying out the logical steps and examining a potential business plan before diving into something that appears so app...