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23 April 2024 | 27 replies
There are winter weather issues and so many things that come up from not being physically there The numbers someone gives you on a spreadsheet are ideal scenarios.
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18 April 2024 | 141 replies
So for the last year or so, I have been thinking more about physical health.
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20 April 2024 | 9 replies
Most of these homes are "as is", so if you aren't very familiar with the costs of potential problems that you can't physically see (foundation, septic, etc.), this may not be a good place for you to source.
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19 April 2024 | 12 replies
When we decide to switch companies (we just did this), we formally evict our "employer" from the building on the same Friday we quit, and the branch remains physically in place with new signage up, new phones, new computers, lease signed with new employer, et cetera, on Monday.
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21 April 2024 | 25 replies
In ref to what i was rambling on about in the first post, this cant be just about taxes because it wouldnt make much difference to the city whether or not youre physically residing within your primary residence (and listed STR) if that property functioned in every other way as your primary res.
18 April 2024 | 4 replies
If you are using an accounting software, it is impossible for the assets to not agree with the equity / liabilities.Did you factor in everything from the closing statement(such as pro-rated rent, closing costs, lender fees, etc)Did you use a PM company, if you did, did you factor in incorporating the PM Statements.Again, if you are using an accounting software, and factoring in all the transactions from your bank account / credit card, it should not be off.
18 April 2024 | 41 replies
Quote from @Daniel Rabinov: Would love to hear the opinion of anyone on how exactly he would take $1,000,000 cash and utilize it to meet the targets below.Please, if any agents/brokers are replying, don't talk about the market you work in as it's a bias opinion due to the nature of your work.I currently live in Spain, but can oversee projects and physically arrive at a destination if needed but not relocate.Goals:1.
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19 April 2024 | 10 replies
Physical therapists, specialty doctors and administrators often need short stay long term rentals.Remember that you will need to vet each guest and use a regular lease, not a rental agreement for under 30 day stays.
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18 April 2024 | 5 replies
Remember to back it out as a business expense too which should make the real rate a point or two lower depending on your tax bracket.2) For securing loans, I incorporate the value stated on balance sheets within my personal financial statements.
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17 April 2024 | 7 replies
I don't do physical work on the property, but I do detailed design plans, and select and buy all the materials.