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Results (10,000+)
John Underwood Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Circumstances like not holding annual meetings for corporations, not having corporate resolutions , commingling funds, taking money out of the corporation personally without that withdrawal being either a salary or dividend, etc.  
Joel Arndt Master Lease Agreements in Ontario
10 December 2024 | 5 replies
Approaching it like that would also automatically set an expectation for the owner to pay maintenance expenses. 
Jonathan Buelow Rental increase strategy
9 December 2024 | 7 replies
I’ve got others I raise some annually.
Christine Aledam Time to find a new Accountant?
3 December 2024 | 21 replies
I will also be tracking expenses related to repairs, maintenance, travel to and from NV, hotel stays, meals, gas, and other regular business costs.In the long term, I aim to purchase additional properties under the business name, but I understand I need to establish at least two years of income and credit history before doing so.The issue I’m encountering is that my accountant has not provided any guidance on how to structure this scenario.
Jeremy C. Leasing Broker career path
7 December 2024 | 1 reply
Review their online financials/annual statements.
Garrett Matthew Hester Cash out refi to turn current home into rental and use cash out towards new home
9 December 2024 | 4 replies
You’ll want to make sure the rental income comfortably covers the new mortgage, taxes, insurance, and any maintenance costs.
Joy McQueary Multifamily // Cash Flow & Appreciating Markets
13 December 2024 | 13 replies
@Joy McQuearyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Vivian Yip Mid Term Rental Knowledge sharing
10 December 2024 | 10 replies
I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices. 
Alec Jacobs What systems/processes do you use for managing your rental yourself?
8 December 2024 | 4 replies
I use RentRedi to collect rent and receive maintenance requests.
Jason George Syracuse- 16 small bedroom, motel. Room-in housing. Best way to rent it all out?
9 December 2024 | 4 replies
I have clients that have these kinds of arrangements, and while it is easier when an org fills your units, you can lose control of maintenance and cleanliness.