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8 December 2024 | 1 reply
We have a buyer for the property and now it has been discovered that the corporation paperwork was submitted to the state as a charitable contribution even though we are listed as a not for profit organization and have been listed this way for well over 40 years.
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20 December 2024 | 14 replies
Hey Caleb, I work as an Account Executive at a hard money lender called Backflip.
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12 December 2024 | 7 replies
@Michael HayesBigger Pockets is a great place to find a real estate accountant.
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13 December 2024 | 2 replies
Here are some additional tips:Business Bank Account: Open a dedicated business bank account to manage income and expenses separately from personal funds.D-U-N-S Number: Register your business with Dun & Bradstreet to establish a business credit profile.
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10 December 2024 | 6 replies
Breezeway allows us to easily organize all photos by room and generate a downloadable document for reference.Once a tenant moves out, we follow the same process to document the property's condition and determine if any amount needs to be withheld from the security deposit.Additionally, we require new tenants to complete and return a move-in inspection document within 3 days of moving in.
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17 December 2024 | 9 replies
As someone who has read Harry Potter, it seems the best way to get the attention of the landlord is to send a scary looking giant to their home residence with a kindly worded letter.More seriously, I was on the other side of the coin previously where my wife put the ads up under her accounts instead of mine, so I couldn't check them without getting on her phone and I was inundated with people looking to see the property (probably 50 over a 5 day period) and was trying to send semi-personalized notes to each one--and it all ended up being too much to handle and I ended up ghosting or not replying to many people after I found an applicant.
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16 December 2024 | 9 replies
Hi, Don't hesitate to get in touch with [email protected] for assistance regarding your account.
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17 December 2024 | 12 replies
Trusting a GC can work if you thoroughly vet them, use a detailed contract with clear milestones, and establish systems for accountability.
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13 December 2024 | 7 replies
The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).
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12 December 2024 | 2 replies
I have a separate account for my real estate properties and keep a base amount there.