If you want to simplify it because you have too many properties to maintain, simply create a main checking account and a security deposit account for each property or Entity.

My tenant of 1 year just moved out recently (work transfer), but during the move-out inspection we found that one of the 10X10 bedroom has all four side of the wall covered in screw holes from the time they used it as a computer room (I believe the holes were from the sound deadening foam that they used to attach to the wall) So I was wondering what would seem to be a fairly reasonable cost to be deducted from their Security Deposit for the excessive holes and needing to repaint.

Seasonal Strategies:Off-peak discounts or promotions: Offering longer-stay discounts or special packages for holidays or events in the off-season can help maintain occupancy.

By understanding the seller’s timeline and needs, we were able to negotiate a fair price of $58,500 that worked for both parties, setting the stage for a profitable fix-and-flip.

By understanding the seller’s timeline and needs, we were able to negotiate a fair price of $58,500 that worked for both parties, setting the stage for a profitable fix-and-flip.

An institutional investor with a history of working with syndications in these kinds of deals is going to have a much better handle on fair and realistic fees the syndicator should be collecting for those services versus a bunch of lps that may be working on the first syndication deal and frankly glosses right over those issues when they see 15% annual returns and a nice fat cash bonus on the planned exit.

In my experience, maintaining a checklist and staying organized is the key to mitigating risks and avoiding costly mistakes.

The process of receipt capturing in REIHub is fairly cumbersome.

In some cases the bankable borrowers conscientiously choose to fund their projects with alternative lender because they  can achieve better leverage, won't have to maintain a set depository relationship with a bank, or they need to settle quickly.

Usually I would think it's easier to have the LLC where you are.In SC I can create a LLC for $110 and not have any annual fees to maintain it.