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14 November 2024 | 8 replies
Have a system in place already if you ever grow bigger or expand, don't have to change it later or figure it out later.
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13 November 2024 | 8 replies
It’s taking Seller a while to provide the HVAC report but while time passes after due diligence - Flooring cost is way too expensive at the price point they’re asking for 130K + Care of property never took place till decided to sell so I’m not comfortable any longer - Home sits on corner lot on a slight hill with crawl space - Lots of weather changes has caused the home to settle + improper supports needed.
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14 November 2024 | 7 replies
You probably can't change the rate by much, you can raise it some if you include utilities.
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13 November 2024 | 15 replies
We were in first position on one and they want us to take a $40,000 haircut so they could satisfy the second because the second would not budge.They called me every day for a week, asking if I would change my mind.
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14 November 2024 | 40 replies
This post is so PERFECT that I wouldn’t change a single word, or add anything new to it.
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12 November 2024 | 4 replies
There very well could be a positive change in depreciation rules.
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15 November 2024 | 25 replies
hey Cody it's been a few years, and a lot has changed in blockchain.
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17 November 2024 | 33 replies
They say the attached lease copy is true and correct and there have been no written or verbal changes from the contract.
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12 November 2024 | 7 replies
Since your place is already furnished you can test this out pretty easily by changing the minimum stay to 30 days.
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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.