Alex Moazeni
Eviction process for late payment
17 July 2024 | 15 replies
@Nathan Gesner she is reaching out to some rent relief agencies.
Joshua Burgeson
Advise for Banking / Accounting for STR Management Company
16 July 2024 | 8 replies
I also have a local bookkeeper, QBO, Bill.com & generate owner statements in OwnerRez.We currently have 23 properties under management and am utilizing trust accounting to the best of my abilities (although we are not required to in our state) but everything is really inefficient when it comes time to do monthly reconciliation and distributions.
Account Closed
2Day BluePrint - Jason Palliser (the Rex Kwon Do of Real Estate)
16 July 2024 | 2 replies
knowingly not having it under contract.Instructing investors to set up fake ‘tax relief’ companies In order to intentionally & maliciously misrepresent themselves to tax delinquent distressed homeowners.
Joel Mora
Tenant Can't Pay Early Termination Fee
16 July 2024 | 15 replies
In the end you will prepare a reconciliation of the tenants account which includes rent up to the day a new tenant moved in, the lease termination fee, credit for the security deposit and see if she pays it.
Jorge F Rodriguez
Renting vs Selling
16 July 2024 | 12 replies
However, I would definitely consult a tax professional about selling your primary residence as the capital gains relief can be hugely beneficial and could impact your decision-making one way or the other.
Garrett Mathis
Property Management Software confusion
12 July 2024 | 5 replies
For instance, while AppFolio is quite strong overall, its bank reconciliation module has some limitations.
Vic Reddy
Negotiating Lender Debt due to City demolition
14 July 2024 | 6 replies
They can provide firsthand advice and potential solutions.SummaryLegal and Financial Consultation: Get professional advice from a real estate attorney and financial advisor.Negotiation with the City and Lender: Try to negotiate terms that provide relief or feasible solutions for compliance and loan terms.Exploring Financial Options: Consider new financing, partnerships, and investment opportunities to raise the necessary capital.Community and Industry Support: Leverage the experience and advice of others in the real estate community.Each step should be carefully considered, and professional advice tailored to your friend’s specific situation is crucial.
Elena Dubinski
Tax Lien Wealth Builders
15 July 2024 | 50 replies
All the skeptics gathered outside of the hotel to express our relief that we didn’t fall for their BS.
Jacob Zivanovich
House Hacking Partnership
12 July 2024 | 7 replies
Also, agree on how the property will be used, who can live there, and under what conditions.Contribution Reconciliation: Determine a process for handling situations where one party cannot meet their financial obligations or if there are significant discrepancies in contributions to expenses.Legal and Professional Fees: Decide how legal and other professional fees related to the purchase and management of the property will be shared.Taxes: How will the tax advantages be divided?
Vincent Donato
Yes or No to ceiling fans in rentals?
14 July 2024 | 56 replies
If the fan is not properly attached to framing or a for-the-purpose brace, they certainly can vibrate and become loose enough to fall.Having the ability to move air when temps are uncomfortable provides pleasant relief, and is FAR less costly to operate than an AC, which may be an important issue for the Tenant.