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All Forum Posts by: Andrew Grams

Andrew Grams has started 8 posts and replied 16 times.

Post: Online Rent Collection

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6

Thanks for the suggestion, @Justin Fox. I'm hoping to find a product that won't charge my tenants for a bank transfer but I'll check out innago.

And thanks @Ron Brady. I think I saw in a prior post that you had just started using Rentler whenever that thread was active. Glad to see you're still using it. Has the lack of e-signing and any lease (let alone a custom one) been difficult? I realize I could use Docusign for this but I like seeing that it's been rolled into at least the features offered (if not for free) on sites like TurboTenant and Avail.

Post: Online Rent Collection

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6

Thanks @Johnathon Courtot! Maybe I’ll go ahead and give them a shot. I asked them about an app and they said they’re in the early phase of one but have no ETA, unfortunately.

Post: Online Rent Collection

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6

Thanks, @Matt Ziegler and @Domenick T. I like what I see of Avail but the application fee of $55 would no doubt be a turn off for some applicants, and the lack of cohesive branding and any social media presence/app I think will lead people to think less of it even if it’s owned by Realtor.com. Rentler (owned by Tenant Cloud) looks like a good option that’s moving in the right direction but I’m surprised that they charge for lease forms and don’t allow for digital signing.

Crossing my fingers. I guess it’s best just to get started and adjust course after if necessary.

Post: Online Rent Collection

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6

We recently landed our first house hack/investment(!), and so far our inherited tenants have been a dream(!)... but I want to switch to online rent collection and I'm sort of shocked that there's no standard-bearer for this. From what I can tell it used to be Cozy but it sounds like some are disappointed with the transition to Apartments.com. So, Apartments.com, Rentler, Avail? Any stand-out favorite among the group here?

Post: Finding Non-Owner Occupied Property Taxes

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6
Originally posted by @Luke Hadden:

@Andrew Grams

I’m in Singapore. I’d be very interested to learn more.

Thanks!

Luke

That's too funny, I was half-joking; I didn't know anyone would be on the forums and located in Singapore...

But, here's the site I was speaking of. I hope it's of some help to you, Luke!

Post: Finding Non-Owner Occupied Property Taxes

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6

Does anyone know of any site that allows you to search non-owner occupied Property Tax rates by county? I've been looking and all I've found so far are simple county websites (maybe coded by the mayor's nephew, in 1998) complete with broken links and very little information. The most I've been able to pull for non-owner occupied properties was in Singapore... so, if you're investing in Singapore, let me know. For the rest of us, I'm sort of baffled that no site (that I've seen so far) has compiled information on non-owner occupied rates.

I'll resort to calling each county assessor where I'm considering investing but I'm trying to compare a large number of cities so, this has been disappointing. I'd love to have someone prove me wrong and send a link or let me know a better method.

Anyone?

Bueller?

Post: Trademark Class Question

Andrew GramsPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 16
  • Votes 6

Okay... delving into trademark information and I want to make sure I understand this correctly. Trademark know-it-alls encouraged to reply.

It looks like Real Estate, in its big umbrella, falls under Class 36 - but what if I want one of my LLCs to pivot to Syndication at a later point. Does that still fall under Class 36?

Part of this class is described as relating to: 
"services of realty administrators of buildings, i.e., services of letting or valuation, or financing..."

That they throw in financing at the end makes me think this one Class will cover both any Real Estate LLC and a Syndication LLC should we ever choose to pivot in that direction. Any clarification or correction is appreciated! Thanks!

    Post: LLC and/or DBA Question

    Andrew GramsPosted
    • Real Estate Agent
    • Minneapolis, MN
    • Posts 16
    • Votes 6

    @Ujwal Velagapudi thank you!

    Post: LLC and/or DBA Question

    Andrew GramsPosted
    • Real Estate Agent
    • Minneapolis, MN
    • Posts 16
    • Votes 6

    I normally don't end up posting on BP because every question I have ends up already having been answered, but I think this is unique enough, and I don't even know how I would phrase it to search for it on google, so:

    If I name my LLC "XY & Z Holding Company" but I want to essentially do business as "XY & Z," would it be better to secure a DBA for the latter, obtain a separate LLC for it (and place it under the Holding Company umbrella), or not worry about it and go about my business?

    Post: Mortgage Payoff Before Purchase

    Andrew GramsPosted
    • Real Estate Agent
    • Minneapolis, MN
    • Posts 16
    • Votes 6

    I have a Realtor colleague whose client has been approached by a developer that would like to buy her home. The amount offered appears to be about 70% of its worth. Fair enough, but she owes $80K on the property, and the developer has asked her to pay this off before they move forward with the purchase.

    I can’t think of why this would be required, but I imagine the answer is going to be simple, hence the placement of this post. Any help would be appreciated in understanding this request. Thanks!