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13 November 2024 | 4 replies
I know this is a nuanced topic and it is probably market dependent but I can't find any pictures of rentals' basements on listing sites.Any insight is welcome.
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14 November 2024 | 7 replies
If it's related to the work he did, he won't charge us.In the same text, she showed a picture of her tub hardware, which has come apart from the ceiling support.
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18 November 2024 | 13 replies
The idea of house hacking a multi-family property is a great way to cover living expenses while building equity.
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15 November 2024 | 13 replies
There's nothing left to cover expenses so you better have deep pockets to cover maintenance, admin, turns, etc.If you think you can quickly improve rents to a point that covers your expenses and pads your pocket a bit, then maybe, IF it hits your return threshold.If you're buying cash, then the mortgage is not a factor.
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14 November 2024 | 4 replies
and how do i cover this up?
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15 November 2024 | 6 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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15 November 2024 | 10 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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19 November 2024 | 21 replies
They have stepped in to cover repairs for me, pressured mngt to do the same, introduced me to other PM teams that would perform better, shared multiple resources with me to assist with the sale of the properties and have spent ample time helping me strategize overall about what to do with these properties.
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18 November 2024 | 5 replies
Ultimately we decided that the cost of doing the cost segregations right now was not beneficial enough since he didn't really have any reason to pay for them and if I would have covered the full cost then the benefit wouldn't have been significant enough to me.That said, I do know there are ways to structure your operating agreement where the depreciation can be distributed to different partners in different ways.
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15 November 2024 | 5 replies
@Noah Schulz what does the lease state about payment and what period the payments cover?