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22 November 2024 | 24 replies
If you didn’t specifically advise on what to do, they drew it a specific way at the end of the day you approve the drawings to be built so it’s not their fault it appears and they should be compensated for the revisionIf it’s something they screwed up (does not appear to be case here) - then they correct their error
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13 November 2024 | 11 replies
Hi @Tanya Maslach,Here’s a visual workflow chart for managing your first MTR:Lead Vetting (Turbotenant): Screen and manage tenant applications.Acceptance & Move-In Prep (Hospitable): Assign cleaning tasks, manage reminders, and handle cleaner payments.Tenant Communication (Hospitable): Automate all tenant communications, such as move-in details and reminders.Rent Payment (Turbotenant): Track and manage rent payments with reminders.Hope this help's from one integrator to another 😀
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21 November 2024 | 14 replies
If this is the case I think I understand everyone correctly.
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19 November 2024 | 11 replies
The same is true for a house—placing a tax-advantaged asset into a tax-advantaged investing account cancels the tax advantages (or many of the immediate ones).Maybe @Michael Plaks or @Kaaren Hall can explain this better or correct my understanding here?
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15 November 2024 | 5 replies
To address this, request documentation, update the lease, address rent payment, consult an attorney, and maintain a positive tenant relationship by communicating clearly.
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19 November 2024 | 26 replies
We had to pay for a 3rd party to review the appraisal and either agree or disagree that it was done correctly.
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19 November 2024 | 9 replies
For asset protection, LLCs are over-hyped - you just need good insurance.Set up correctly, an LLC may give you decent anonymity, so tenants don't know you're the owner and can't track you down to retaliate (happened to my manager).
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18 November 2024 | 8 replies
I knew it was a unique real estate market .. but sadly all the risks I evaluated were correct.
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17 November 2024 | 2 replies
But hopefully it sells quick this time around.As far as Owner Finance, I have tried a few times but not sure if I am structuring it correctly.
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18 November 2024 | 9 replies
A couple of things in regards to saving on taxes by utilizing depreciation correctly.