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Results (5,768+)
Mark Negley The Book on Rental Property Investing by Brandon Turner summary
17 February 2020 | 2 replies
Or offer to help them fix up a unit for free.Real Estate Agent Invests themselves Responsive Hungry Tech-savvy One-on-one supportTo find: ReferralsAfter you find 3: Sit down with each of them Lender(s) Start looking now and start building a relationship with a few Contractors and handymenHow to find: Ask for referrals Check references The 6:00 a.m. home depot trick Ask store employees Make them compete Bookkeeper Keeps you organized and get your taxes ready CPA Looks at the bigger picture Saves you money in taxes Ideally, someone who specializes in real estate Lawyer Helps you set up leases and other forms and prepare you for the best legal entity for holding the properties Help with evicting a tenant Advise on any sketchy situationHow to find: Ask for referrals Insurance agent Ideally a broker Property manager Cost around 11% of monthly rent Interview a couple to get the detailsCh. 5Analyzing a Rental PropertySunday,September 8, 20199:20PMCalculating IncomeTo determine rent, look at: location Number of beds and baths Amenities like ac, parking, and appliances SizeHow to determinethese: Constantly scan the local paper (daily and weekly) Check craigslist often Check the competition and property management companies’ websites Read “for rent” signs - call the phone and act as a tenant to gather info Talk to other landlords - look for REIA When your unit goes vacant, bump up the rent Too many applicants = price too low Check the MLS (multiple listings service)Estimating Rental ExpensesEasy to calculate: Mortgage — mortgage calculator Interest rates - ask a lender Insurance — call the insurance salesman for quote Water — call the local water department Tenant can pay Sewer — call local water of sewer department Tenant can pay Garbage — call rubbish company Tenant can pay Gas — call the gas company Tenant can pay Electricity — call electric company Tenant can pay HOA fees — call HOA president Snow removal — ask local landlords or snow removal company Tenant can pay Lawn care — ‘’ Tenant can pay Property management — Ask local managers in the area Usually around 10% of monthly rent and 50% of a first months rent (just call it 11% Incase they charge a fee) Even if you don’t want the manager now, you will eventually.
Amelia M. Cincinnati Neighborhood Advice
23 April 2020 | 14 replies
Auburn is considered Cincinnati's first suburb once occupied by the social elite who wanted to escape the crowded conditions of the lower city most notably President William Howard Taft.My Mt.
Rene Bee Atlanta 2020 - ready to invest
18 February 2020 | 3 replies
Hey @Rene Bee!
David Ivy January 2020 Austin Market Report
29 February 2020 | 5 replies
ABoR president, Romeo Manzanilla, commented: “While this January showed significant gains compared to January 2019, the beginning of the year is a traditionally slower time for new and active listings.
Ronald Williams Real Estate Investor
21 February 2020 | 2 replies
I am the Vice President of Sherman Bridge Lending.
Steven Schaad Rental apartments with HOA
19 May 2021 | 9 replies
Also, the president of the HOA rents as well, so he has an investor mind.
Alex Rodriguez Partnering with a friend on a multifamily:
21 February 2020 | 3 replies
When we bought our first multifamily, our Op Agreement for the partnership was pretty simple- I was the President and had full authority.
Christine Hsu Current market conditions
21 February 2020 | 2 replies
Like who’s president, economy’s health, stocks, local trends, etc.
Russell Buxton Bernie Saunders as President?
25 February 2020 | 7 replies
What are people's thoughts on the impact of a Sanders's Presidency on the housing market?
Patrice Boenzi Real Estate Changes due to the Coronavirus
30 April 2020 | 14 replies
Here is a blurb from the Illinois Realtors President Ed NeavesAre real estate open houses and showings permitted?