2 December 2024 | 17 replies
I should have removed that from my post.Second, rentals are hard to find, which is exactly why he should charge market rates!

7 December 2024 | 2 replies
Quote from @Harita Konjeti: Tenant has not paid entire rent for first month, do I have any other options other than charging late payment?

7 December 2024 | 5 replies
(PS I'm sure you experienced folks have your contractors in line already but it never hurts to add another trusted one to the phone book, I'd love to send over our business cards and talk about how we could be of assistance to your team) Again thank you all for the help - Brennan

8 December 2024 | 1 reply
By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.

11 December 2024 | 8 replies
Or find a local design firm that has done cabins where they can show you proven rent results from cabins they've designed and have them charge you by the hour.

11 December 2024 | 14 replies
If i do long term rentals i could only charge 1,600-1,800 a month in rental income.

7 December 2024 | 18 replies
.: @Mike HernThanks Mike, I played that card 2 years in a row and this time I can't find another good reason.

8 December 2024 | 2 replies
Spoke to a HVAC contractor saying about 7k for HVAC work and 1K for electrician work total 8k but overall may improve tenant experience and maintenance charges to me but bit more price to put upfront

4 December 2024 | 30 replies
The P&L isn't going to tell you that, you need to see the Balance Sheet.Put it simply, if an investor decided to hire someone like me to start handling their books and have to gather their financial statements, I would be charging an arm and leg to put it correctly.

6 December 2024 | 9 replies
@Roy LoganIt sounds like you’ve made some great moves in real estate investing—your BRRR strategy is paying off with those solid returns.At the bare minimum, you should do the following to make your bookkeeping easier:Dedicate one checking account and credit card exclusively to real estate.