Josh Ennis
Advice for Aspiring Spec Builder?
25 September 2024 | 6 replies
Backup plan, go to work for the city building inspections department or a third party inspector contracting for the county.#4.
Hana Mori
Is my first DSCR loan experience normal?
27 September 2024 | 40 replies
Were these lender fees or third-party fees?
Cardiay Watson
Lease for renting out a Garage
23 September 2024 | 3 replies
I recently purchased a duplex and the garage is being rented out by another party.
Ian Henderson
Security Deposit deduction
22 September 2024 | 7 replies
It's always best to hire a third-party contractor to clean the place in any state.
Account Closed
INPUT NEEDED! 🤷♀ What should Dave discuss in his next Market Intelligence Workshop?
23 September 2024 | 10 replies
I try and push my clients a bit more on year end items from October on so January isn't a Poop show for all parties.
Adi Prasad
Seller Financing Advice
24 September 2024 | 8 replies
I have done this a few times myself and have a few basic recommendations:1) Make sure the seller owns the property free and clear and that it's very clear to both parties whether the arrangement involves a deed of trust or contract for deed2) If a balloon payment is involved, be sure to assess your ability to refinance and make that balloon payment in the future- optional extensions can help manage this risk3) Understand the tax implications if the interest rate is notably above or below market rates4) Get title insurance!
Chris Bruce
Probate Best Lead Source
25 September 2024 | 96 replies
. - No it doesn't cost me at all, it's all online and the best part is that I can look up the names in the property appraisers websites too to see if they had a property, and if its updated it gives me the mailing address for the person in charge of the property.Two more questions:1.
Shane Bishop
Property Management Software
24 September 2024 | 17 replies
We ultimately switched to Buildium as it was more comprehensive and had a large number of integrations with 3rd parties.
Shyam Subramanyan
Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
25 September 2024 | 18 replies
The cost segregation will analyze the property to find assets that can be depreciated faster than 27.5 years.The accountant you work with will be able to help connect you with a cost segregation specialist.The most difficult part is completing form 3115 which will also calculate the 481(A) adjustment.The 481(A) adjustment is the difference between the correct depreciation calculation less the actual depreciation taken.
Ran Fridman
PM that offers bookkeeping services
22 September 2024 | 7 replies
Hi Ran,I would probably ask around locally for a PM to see if they have backoffice services that they offer, other than that, there are a lot of accounting type of services available with third party vendors through the national association of residential property managers.