
21 June 2024 | 35 replies
The city sent notices to the address on the tax records, which is a property mgmnt co.

21 June 2024 | 4 replies
For due diligence, is it appropriate to ask for records showing current tenants are paying their rent?

22 June 2024 | 3 replies
Great Addition - on the switch from year to year - arguably the biggest flag in my opinion in Real Estate - "shiny object syndrome" switching from niche to niche repeatedly (especially as a "Guru") - whats tried and true for RE success IMO is people that stick with one strategy and niche (type, market, strategy, etc.) for years, stay focused when its in and out of flavor, and end up with big wealth and track record after years.Definitely flags of the last few years when people go from "STR" to "Multiamily Syndication" to "Boutique Hotels" to "Experiences" and so on...

22 June 2024 | 7 replies
Take pictures of all damages and send them a record of all damages and deductions from security deposit.

21 June 2024 | 23 replies
This emailwill contain the letter that confirms the investment information and recorded date, and a copy of the recorded deed.
20 June 2024 | 2 replies
My agent says the tax record shows it as 2021.I listed my house , pls advice how I can get the MLS correct to reflect year built as 2022

22 June 2024 | 17 replies
Any chance you have that recording as well?

21 June 2024 | 11 replies
While a personal account is acceptable, setting up a separate account specifically for rental income can make bookkeeping and tax reporting easier.Regardless of the payment method, always provide tenants with receipts for their rent payments.Keep detailed records of all rental income and expenses for tax purposes.Consider implementing a consistent rent collection policy to avoid confusion and ensure timely payments.Be aware of local laws and regulations regarding rental properties and rent collection in your area.
21 June 2024 | 10 replies
This can offer some liability protection and ease the transfer of the property to heirs.Record keeping:Maintain detailed records of all expenses related to the property conversion and ongoing management.Lease agreement:Ensure you have a comprehensive, legally-sound lease agreement tailored to your state's laws.

20 June 2024 | 5 replies
Trophy Point never filed the Release of Mortgage with my local land records and this is now obviously getting in the way of closing.