29 January 2025 | 20 replies
For example, they have not sent us the rent they owned us for the last three months, and here is paperwork to show it is not in our account, here is the contract with them stating they would pay on this day each month, and here is the title of the house in my LLC/name to show you we own the property too.
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20 February 2025 | 8 replies
My uncle has done 84 percent for the last 14 consecutive years (these numbers can be proven and have been well documented) .
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30 January 2025 | 34 replies
There are ways you could do this, but it sounds like you've already resigned yourself to the loss so I won't bother.
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19 February 2025 | 57 replies
Narrow the list down then, last step is make the time and go tour them.
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23 February 2025 | 16 replies
Quote from @James Wise: That number is higher than 47% for agents not closing a deal last year.
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26 February 2025 | 23 replies
because last time I asked my prop manager for the invoce he said that was the last time he sent me the invoice for a repair.
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27 February 2025 | 8 replies
So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.
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24 February 2025 | 13 replies
., Profit & Loss statement, Balance Sheet)Credentials:No formal certification is required and may or may not have a high school diploma, but some bookkeepers pursue:•QuickBooks ProAdvisor Certification•Certified Bookkeeper (CB) from the American Institute of Professional Bookkeepers (AIPB)•Certified Public Bookkeeper (CPB)Caveats:Bookkeepers do not handle and probably should not handle tax planning, financial analysis, or compliance work.
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24 February 2025 | 16 replies
If you think this distinction is unimportant, consider what happened to investors who placed their IRA funds with American Pension Services,—an administrator whose founder mishandled their money causing a $22 million loss.
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30 January 2025 | 3 replies
I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.