
20 September 2024 | 114 replies
From April '24 moving forward, my P&L will look much simpler as the cleaning fees, PM fee and software subscriptions are handled by the PM so I will just see income after all of those fees on my P&L.Regarding the 1031 exchange - that would still result in losing all the cash invested above and beyond my equity position.

16 September 2024 | 12 replies
This will result in paying the least amount of interest over time.Alternatively, people will suggest to pay off the mortgage with the lowest balance.

15 September 2024 | 19 replies
Lease problems sometimes result in project cancellations on larger projects.

14 September 2024 | 26 replies
The right area will yield great results, even better if you can get more days.
14 September 2024 | 12 replies
As such, anything 3+ stories and older, you need to be VERY cautious and understand when and if the study has been performed, what they found, and if there are any resulting special assessments.

14 September 2024 | 19 replies
As you may have been aware, this duplex was purchased by me on [CLOSING DATE], and the resulting change in ownership will take full effect today, [TODAY’S DATE].

13 September 2024 | 2 replies
However, you will have to explain it to underwriting and they will likely have to be on deed/title which could result in the note being called due.

14 September 2024 | 32 replies
I self manage my units so my views are more related to the actual work of property management rather than communicating results to property owners.The most important factor in successful property management is not a personal quality or trait, it's having EFFECTIVE processes in place to support the business.
12 September 2024 | 12 replies
I'm curious where the line is drawn b/c I can write off a meal when I am leaving my 9-5 job and going straight to a volleyball match to officiate (second job).