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25 October 2024 | 66 replies
Gambling addiction,drug addiction, seems familiar.
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5 November 2024 | 28 replies
A boiler building will operate less profitably than a furnace building.
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30 October 2024 | 35 replies
@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.
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31 October 2024 | 8 replies
Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!
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31 October 2024 | 9 replies
Termination of a tenancy can only be done by operation of the lease or statute.
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30 October 2024 | 1 reply
Mom and Pop shops are not that great at accounting and the numbers tend to look like they can't afford to live so take that in to account plus the operations they are doing.
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1 November 2024 | 18 replies
I am looking for advice on how I can take appropriate action to warn future landlords and LPs about a deceptive and destructive executive-level tenant who is also a GP on real estate deals.I rented a fully furnished luxury executive rental in Raleigh to the CEO of a company that builds and operates healthcare facilities.
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30 October 2024 | 236 replies
Net listings are illegal when operating with a license.
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31 October 2024 | 15 replies
I, nor any other agent in our 100% locally owned and operated brokerage pass that fee on to clients, accept on very small sales where the commission to us is going to be too little to absorb that $250.
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28 October 2024 | 12 replies
I rent to companies that operate "group homes".