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9 January 2025 | 11 replies
Additionally, most of the costs to make an asset ready for it's intended business use are capitalized and part of the cost of the asset.
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24 January 2025 | 36 replies
Look at the PM contract and verify the 8% is all inclusive and that there are not additional charges for placing a tenant, resigning a tenant, inspections, and dealing with vendors/contractors.
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30 December 2024 | 5 replies
The amount of work and effort to get this accomplished and what it really saves you is not what you think it will be.
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9 January 2025 | 43 replies
Feel free to ask any questions here.In addition to a "Facebook community", how about a Slack channel?
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6 January 2025 | 57 replies
If the stock market were real estate, you'd pay for 5 shares of Apple stock and get an additional 95 shares.
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4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
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6 January 2025 | 12 replies
Property manager (PM) 's lawyer continued the case to get the unpaid rent from the tenant.PMA between landlord and property manager(PM) has also expired so landlord got the property back , but when landlord requested to settle the account and the deposit( there is one month deposit from landlord also), PM refuses since the lawsuit is going on with the tenant, Additionally PM is still charging the monthly property management fees from landlord even though landlord is managing the property.Landlord is done dealing with PM and requested the PM to withdraw the lawsuit against the tenant ( landlord is aware that he will loose 2 months rent), PM came back saying they cannot withdraw the lawsuit since that will violate fair housing law.QUESTION:Does withdrawing unpaid rent case against the tenant violate fair housing law ?
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8 January 2025 | 9 replies
feel free to @ me for any additional info.
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17 January 2025 | 20 replies
Additionally, young adults are living together with no intention of marriage.
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2 January 2025 | 9 replies
If you want to add it to places like affordablehousing.com then that gives you more exposure.