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22 January 2025 | 2 replies
Just the different brand name lowers the cost dramatically!
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27 January 2025 | 17 replies
I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)
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5 February 2025 | 16 replies
As a short-term rental property manager in Massachusetts, I charge a 20% co-hosting fee, which includes full-service management—guest communication, vendor coordination, cleaner oversight, and overall property operations.I've seen competitors charge anywhere from 10% to 30%, but lower-cost managers often cut corners, while higher-end services may not always justify the price.
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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21 January 2025 | 10 replies
If they can't justify the charge immediately and specifically, then it's probably just a money grab.Remember: lower fees don't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.
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21 January 2025 | 3 replies
Their ability to recover their money should you default is much lower in this position.
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16 January 2025 | 8 replies
Use negotiation to lower the price from the “no go” asking price to a “go” lowerpurchase price.
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24 February 2025 | 72 replies
I have no future reservations on my books right now :(I put my VRBO rates are slightly lower than AirBnb to try to get intrigue more guests from them but I guess that doesn't work lol.
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27 January 2025 | 7 replies
I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.
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29 January 2025 | 9 replies
I recommend that you find a trusted or recommended Mortgage Loan Originator (MLO), who can give you options for property-based loans (mostly investment loans) and they don't use your taxes but the P&L of the property.