
28 November 2024 | 26 replies
Still have a few people thinking it's 2021 and trying to charge 2-300 more than the market - those are sitting.

23 November 2024 | 4 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

22 November 2024 | 1 reply
Again, these fees are charged and paid to the lender to complete and fund the mortgage.Third partyclosing costs include title company fees - including the actual title policy, escrow or closing fee, tax certification, and other title fees; governmental charges – including recording charges, intangible, and transfer taxes (depending on your state).

20 November 2024 | 9 replies
TIAIf you have an electronic record (bank statement, credit card, accounting software, etc) of the transaction the IRS doesn't require you to keep receipts unless it's a cash (took real paper money out of your pocket) transaction for $75 or more.

21 November 2024 | 23 replies
Quote from @Irma Leibas: Quote from @Jaycee Greene: @Irma Leibas Many of my clients that do mid to heavy rehab projects have contractor credit cards from Home Depot or Lowe's, which reduces the amount of upfront capital needed for the rehab.

26 November 2024 | 17 replies
They will take a risk at the beginning and charge a little more.

22 November 2024 | 6 replies
If you want to be nice, don't charge a late fee for the rent as she pays it late over the coming weeks.

25 November 2024 | 8 replies
I'd also suggest that you work backwards based on the rent you're charging.

22 November 2024 | 5 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

26 November 2024 | 31 replies
I tend to charge more than market rent for my new construction investments.