21 April 2024 | 29 replies
Account Closed get multiple line item quotes and then ask lots of questions.
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22 April 2024 | 15 replies
Some leases use slightly different language saying these items are "payable BEFORE rent" meaning that whatever money you receive pays those items FIRST leaving unpaid rent leftover.
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21 April 2024 | 1 reply
However, you shouldn't require a 20 foot setback for a pergola or a shed, so I wouldn't think the variance should be necessary for those items.
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20 April 2024 | 3 replies
Currently, I bike and take the bus to work to save on expenses from owning a car, I meal-prep once a week and eat out only occasionally to save on food costs, and I strategize my regular spending to receive the maximum cashback.Looking forward to interacting with this community and learning more about making smart investment choice.
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22 April 2024 | 18 replies
I created COGS accounts to match the line items on IRS form 8825 to keep it simple but most of my transactions so far don’t seem to align with them (things like tool purchases, furniture and light fixtures, and a wall divider capital project).4. ...
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21 April 2024 | 7 replies
Most people do not care about those items, some may but those who do not will not be willing to pay extra for it.
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22 April 2024 | 14 replies
In the middle of those two extremes might be a small business with 3 years left on their lease, but they've made improvements to the property that aren't cheap to remove, such as perhaps a dental office (dentists might be pissed that I put them in the mid-risk category, but all the dentists going out of business in 2020-2021 taught us that American consumers apparently regard dental care as an optional and "luxury" spending item).
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20 April 2024 | 6 replies
The rental agreement should cover cost items that the tenant is responsible for paying - consequently any cost left over is covered by the owner.
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19 April 2024 | 3 replies
It is completely free, there will be food provided, and multiple industry partners coming to talk and bring information.
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21 April 2024 | 15 replies
I never recommend out-of-state investors buy anything for less than about $55-75k all-in or, generally, it will be in an area that has a mediocre tenant pool with high turnover and bad turns when they leave; the price to rent ration doesn't matter when these items eat up your profit year after year.For multis, it's a little different, but I typically ask them to focus on units that rent for about $500-550 minimum to have an easy time managing them and finding quality tenants.