
3 December 2024 | 21 replies
I would encourage you to ask your CPA what’s included in the scope of services.If you have a California LLC, there’s an $800 per year filing fee, at a minimum, so that’s likely why your accountant is saying not to have an LLC.

1 December 2024 | 2 replies
I don't understand how you can't track them down.You could stop paying HOA dues, and that will force them to contact you.As for the PM, I would instruct them to hold off on painting until the termite issue is resolved, which includes providing you with contact information of the HOA board.

3 December 2024 | 16 replies
They used their money, time, and resources to offer you a complete investment, including in-house management.

1 December 2024 | 6 replies
The Condominium is high rise new building w/ high service luxury amenities including concierge services, valet parking etc.

2 December 2024 | 7 replies
This includes meeting with the city, engineering, conducting required studies, plat maps, etc.

30 November 2024 | 12 replies
Coffee stains under the fridge or a dust bunny in a corner, not if you want the 5 star review and the repeat bidness 🤪 What would be included in a deep clean that is not normally cleaned?

2 December 2024 | 10 replies
I wanted a cohesive, fairly upscale look, so bought new from a variety of places including a local furniture store, Amazon, Wayfair, Target online, Home Depot online, Pottery Barn, Article, and others.

2 December 2024 | 21 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

2 December 2024 | 11 replies
This includes both qualified 1231 gains as capital gains as long as the transaction is not with a related person.

5 December 2024 | 17 replies
From there I wondered across BP and passively listen to podcasts.Future interests include:1.