Rental and Cashflow Property - Management, Strategies and More

Im new to the real estate world and i have a few questions i would like to be answered the first is would it be ok if i get my real estste licence and with that could i represent myself when purchasing properties 2 Is that allow? 3 And if so what are the pro and cons of doing this thank you my fellow dg family.. I might also add i thought of this idea to cut expenses..

I have a horrible property management team & would like to change property managers. How do I change property managers? How will the paperwork get transferred? I live in CA & my property manager is in Indiana...help please

What is considered a good deal when it comes to rental properties? Specifically, what P/E ratio would you look for?
For example, if there is a property for $50k, and it rents for $550 per month, is it good/bad/ok?

Also, should I include insurance when calculating the price? How many of you use insurance on ur rental properties?

Thanks

I am a property owner and I do not want the headache of going every single month to pick up my due rent.

So I am wondering if I can get taxed by the IRS by having tenants direct deposit or write their checks over to me.

I know cash is invisible money and they cannot see that money that is collected, therefore they can't tax it at the end of the year.

Just curious, would love to know - thank you all

Hey DG family,

I need to get my parent's 5 bedroom 4 bath home rented. I am trying to get it rented for them so that they can move out and retire in a smaller home, since that is what they want to do.

They've done so much for me so I want to help them with this.

I am in need of a competent property manager in the Minneapolis/Saint Paul area.

Can you guys offer me any recommendations?

Their home is in an excellent location in an awesome school district, I just need to hire a property management company that will be able to market it correctly to keep it rented.

Thanks in advance!

Hi DG family. I've been away for awhile, but I'm back! Quick question: Does anyone have a copy of a simply basic model "Property Management Agreement" that I can take a look at? Thanks!

hi

What is the best way to properly analyze potential cash flow properties? Been searching online for a good free cash flow calculator but it takes me mostly to paid downloads.

Am trying to analyze some properties and get accurate numbers.

Thanks in advance,

g yanez

I can't remember where but one of Dean's books talks about U-haul. If it cost more to get to one city or another then you know people are leaving the city.

http://www.uhaul.com/reservations/RatesTrucks.aspx

I was looking into NC as a place to invest it's 2x the amount to bring a trailer from ny to nc then from nc to ny

Need to put a 2nd on 6 townhouses we own in VIginia. Looking for a private lender. Assessed at aprox. $485,000. Purchased about 5 yrs. ago for $550,000. Any suggestions?

In my days of hotel management, one of the tasks management had to deal with was risk mitigation. Every day, we were on the lookout for any issue on the property that would constitute a potential lawsuit.

As any type of income property manager, you also need to find ways to reduce the risk of lawsuits. A few well placed activities will go a long way toward reducing the likelihood of a lawsuit.