
11 October 2024 | 2 replies
Hello, I ran across a conversion strategy where an annuity company would add a significant cash bonus to my IRA conversion account to cover the conversion taxes so my conversion is tax free to me (well some what).
11 October 2024 | 2 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

14 October 2024 | 14 replies
It covers everything relevant for 2-10ish units.

11 October 2024 | 8 replies
@Tanner KingTo prepare for an FHA loan, ensure income stability and sufficient savings to cover down payment and closing costs.

11 October 2024 | 2 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

8 October 2024 | 17 replies
These are heavy-hitter, regular buyers.

13 October 2024 | 54 replies
Since the Utility Bill will change each month, each tenant's portion will also change each month....Easy Example: Say we manage a 2 family with 6 tenants/residents in total: 4 people living upstairs in Unit 2, and 2 people living downstairs in Unit 1: If January's water bill for the whole building is $100, then February's Rent for Top Floor Unit 2 would have an extra $100 x 4/6th (or 2/3 rds) added on = $66.66February's Rent for Bottom Floor Unit 1 would have an extra $100 x 2/6th (or 1/3 rds) added on = $33.33I always send each Tenant a copy of the entire building's Water bill, plus a cover page with a detailed explanation of the billing-breakdown.Make sense?

12 October 2024 | 54 replies
BP staff confirmed it was a heavy swing, not even considering the whole hurricane aspect.

13 October 2024 | 18 replies
I have a tenant in Arizona, who moved in a month and a half ago.they keep complaining that the master bedroom is too hot.The whole house is ok but the master bedroom is hot.I offered them a portable ac, they refused took it but did not install.I offered to have a handyman come install it, they said they can do it themselves.I offered the ac guy to come check on the AC and asked them to call the guy, because he likes to schedule with the tenant directly, but they have not called himI asked if they waned me to schedule with the AC guy,- silence.They complain but wont let me schedule for them.I understand that the tenants are just complainers, but I want to cover myself legally.So in case, if they decide to take me to court, I would not be liable.What is the best way to deal with things like that?
11 October 2024 | 2 replies
Arv is about 800k so 75% should cover both and will remain cashflowing.