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24 December 2024 | 6 replies
You need to carry a special type of health insurance, not the traditional kind.
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29 December 2024 | 15 replies
You have the mortgage, taxes, insurance, maintenance, capital expenditures (roof, flooring, etc.), and also need to consider the cost of vacancies or bad tenants.I also recommend you charge market rate, for yourself and the tenant.
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3 January 2025 | 42 replies
Companies are having to set aside a certain percentage to cover the Cap Rate insurance and as an abundance of caution with these interest rates- class B are paused.
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28 December 2024 | 12 replies
My rentals are in Denver which has strict late payment laws and I was able to customize the late payment options to automatically apply in the right timeframe to abide by the laws and also not accept partial payments which I very much appreciate.And if you’re curious about Baselane’s 2-day quick pay features or have questions, feel free to ask!
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30 December 2024 | 11 replies
Feel free to use this template:RE: RenewalDear Tenant:With the increased cost of taxes, insurance, maintenance, and other incidentals we are required to increase your monthly rent.
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1 January 2025 | 12 replies
Some people will say, "Take out a quality Insurance Policy and you will be protected."
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6 January 2025 | 13 replies
Yes you have insurance, but it may not cover everything.
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2 January 2025 | 15 replies
Also, we'll need to know what your other expenses will be (taxes, insurance, etc.).
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28 December 2024 | 6 replies
Actually the IRS does not tell us what we can invest in, only what is disallowed (life insurance contracts and collectibles).Allowable investments for SDIRA investing include the following:Residential real estate, including: apartments, single family homes, and duplexesCommercial real estate Undeveloped or raw landREITs (Real Estate Investment Trusts)Real estate notes (mortgages and deeds of trusts)Promissory notes Private limited partnerships, limited liability companies, and C corporationsTax lien certificatesOil and gas investmentsPrivate stock offerings, private placementsJudgments/structured settlementsGold bullion Factoring investments
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26 December 2024 | 9 replies
The issue we had is that over time, our sheets get mixed up with other customers' (cheaper) sheets, and we ultimately end up with an inventory of sheets that are not ours.