Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
The average build cost is nearly identical but the lower price range nets out 308 builds in ten years vs 303 with conventional algorithms.
Gabriel Zepeda
FHA Streamline to reduce mortgage interest rate Scam or real?
1 November 2024 | 8 replies
I received an almost identical letter from Texana Bank.
Mark Kelley
How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
He was also featured on the local news station for his innovative work.The tenant is of course taking no responsibility for any of his actions or the damage, and he mainly just throws out empty and somewhat comical threats about a team of lawyers on standby, accusations of insurance fraud, and leaving bad reviews for the property manager.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
@George Bell my LLC's do two main things:1) Hide my identity, so tenants can't easily find me. 2) Separate my business and personal assets, income & expenses, not so much for tax purposes, but to avoid IRS issues.-- Just audited by IRS this summer for first time ever and had no issues!
Deepak Malhotra
213 W 5th Cheney WA
29 October 2024 | 0 replies
One of two adjacent identical duplexes.
Deepak Malhotra
219 W 5th, Cheney WA
29 October 2024 | 0 replies
One of two adjacent identical duplexes.
Pete Schiebel
Is it common to require first and last month's rent for new tenants?
30 October 2024 | 12 replies
If you have 2 identical properties and the move in costs are rent + deposit, or first month, last month and deposit, most people would take the lesser move in charges.
Matthew Nelson
Prop manager adjusting ledger 18 months later
26 October 2024 | 4 replies
It comes out that they made adjustments on October 4th, to a few proeprty ledgers 18 months prior (april 2023).Also they are trying to claim their 10% fee from the security deposits they are holding for me.They’re now claiming I owe them money that wasn’t owed, it’s only showing as owed beciase of the ledger adjustment referred to earlier.This reeks of fraud to me.
Jacob P.
Bank that works well with multiple accounts
26 October 2024 | 6 replies
I have no idea why (never had a single fraud issue), but after spending several hours going down the rabbithole of figuring why this happened, we just want a solution.Some of the other banks we are with seem to make it overly complicated to have more than a single account.Any recos?
Brian Dolbeare
Determining accurate rent projections for deal analysis...
29 October 2024 | 11 replies
The important thing is to adjust accordingly because there usually isn't an exactly identical rental property.The good thing about rentals is that you get feedback about your pricing quickly and can react accordingly.