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Results (10,000+)
Emily Poerio Bank Accounts / Cash Flow / CC - best operational structure flow of funds
15 November 2024 | 7 replies
Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.
Austin Lively Managing Partner Equity
11 November 2024 | 2 replies
Either define a set period of time that you will serve as a manager for no cost and then collect xx% of revenue as a management fee before splitting profits.
Tar-U-Way Bright Thoughts on PadSplit
13 November 2024 | 14 replies
PadSplit's fee is actually 8% + the first 10-days.
Shannon F. ALE Solutions Preferred Landlord Program
12 November 2024 | 1 reply
But since MTR became popular especially in Vegas we just went to our broker who placed the tenant for a lease fee and its worked great.. its a nice way to go this MTR.. 
Ori Skloot Remodeling Cost for Small Apartment With Pics (Example)
15 November 2024 | 10 replies
.$400Baseboard (had it left over from another job so $0, but would have cost around $100)New interior door, wood studs, drywall, mud  $300Paint $100Dump Fees $500Misc stuff I’m probably forgetting $500TOTAL COST $12,500Rehab cost per square foot = $25
Michael Fischer First time mid term rental.
14 November 2024 | 6 replies
If it's only 1 unit, and you are just starting,  Airbnb and Furnished Finder would be good.FF has a very small yearly fee and airbnb will take a commission, but it will also get you used to both.
Lake Bradford Should I purchase a condo in Atlanta?
13 November 2024 | 4 replies
Also, Buckhead is generally pretty expensive and when adding Condo fees, tough to cashflow significantly. 
Nick Grassi Redoing a roof - any thoughts on installing solar and/or EV charging?
13 November 2024 | 6 replies
Also, solar companies typically continue to raise their fees in the contract each year it is owned.
Kaitlyn Chami Condo Investment in Heart of Charlotte
12 November 2024 | 1 reply
I provided a strategic offer to win in a multiple bidding scenario using discernment around the due diligence fee and length of timing.
Sandra DeJesus HUD is requesting partial claim after closing on my house in 2015
16 November 2024 | 24 replies
It’s doubtful you had a hud/fha insured loan for $20k (with accumulated fees, penalties,etc) that they missed.