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7 January 2025 | 28 replies
I do the same for my LTRs, tenants have to get their own utility accounts and they are fully responsible.
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18 January 2025 | 11 replies
Account Closed, we’ve never self-managed.
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12 January 2025 | 12 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
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14 January 2025 | 25 replies
This approach avoids downtime and lets you start earning right away.Future Bookings:Taking over bookings can get tricky since Airbnb doesn’t allow direct transfers between accounts.
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13 January 2025 | 11 replies
Make sure you account for all of your interest load if youre using a Heloc for permanent financing as you suggest.
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13 January 2025 | 31 replies
Maybe look at numbers and properties you could do a potential house hack and begin to plot out moves but I don't want you to fall into the analysis paralysis group and never make a move, have people that will encourage and keep you accountable.
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1 January 2025 | 4 replies
Or take cash and pay the tax on their portion.Only your accountant will know whether this kind of drop and swap is possible without a tax event.
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12 January 2025 | 12 replies
I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.
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11 January 2025 | 14 replies
Sometimes there are accounting errors, like duplicated charges, so it’s worth investigating.
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20 January 2025 | 19 replies
If they choose to stop paying rent later they are held accountable for that.