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26 September 2024 | 7 replies
You have to confirm there are no pending assessments and lawsuits against the HOA before buying and an assessment usually comes for roads, roofs, windows, decks, and stairs that were not done properly or have a safety issue.
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25 September 2024 | 14 replies
Your brother-in-law’s 10% ownership won’t affect your ability to claim this exclusion on your portion.Unfortunately, the option to roll proceeds into another property (like a 1031 exchange) only applies to investment properties, not personal residences.You’re likely eligible for the exclusion, but I recommend confirming with a Tennessee tax professional for any specific state tax issues and to verify your status with overseas residency.Let me know if you need more guidance on this or related financing!
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24 September 2024 | 8 replies
Looking for recommendations for bookkeeping software to help manage my rental portfolio.
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26 September 2024 | 7 replies
Confirming ARV3.
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26 September 2024 | 17 replies
I appreciate you confirming what I was seeing.Charles, I'm looking for 10-30 units at this point in time.
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25 September 2024 | 3 replies
The platform is heavily supported by AI, offering insights that go beyond tenant retention, including tenant health scores, engagement analytics, maintenance efficiency, payment patterns, and property performance comparisons.RentKeep integrates with property management systems like Buildium and AppFolio, functioning as parallel software to help property managers truly understand the data behind their properties.
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25 September 2024 | 1 reply
Property taxes in Rowan County are generally reasonable, but confirm specific numbers and any potential HOA fees or maintenance costs.
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25 September 2024 | 11 replies
This is also programmed into our PM software, so it happens automatically.Our lease also states what rent will be applied and in what order and also a security deposit.So, you may want to check these documents to see if this is covered with your PMC.While we always try to be fair with our clients, we also have to generate enough income to pay our bills.
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24 September 2024 | 6 replies
If you use property management software like TenantCloud, you can enter your listing once and it will push it out to many websites simultaneously.
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24 September 2024 | 2 replies
It satisfies the basic requires though: We used a long-term lease for our state provided through Avail.co and then we amended it to specifically allow for sub-letting (easy to do with the software/website).