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24 May 2024 | 6 replies
However, I have a feeling that is not the case here.The only other exception i can see if you request that you want to see the performance of each specific unit.The next question would be since you already had a couple of multi-family houses, how did your CPA classify them on the tax return?
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24 May 2024 | 5 replies
If you are working for an investor type of company it is normally paid based on performance.
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24 May 2024 | 6 replies
Quote from @Liliana Bennett: Simon provides a good list, but that doesn't mean every PM performs all those tasks.
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24 May 2024 | 17 replies
You only want positive reinforcements, but you need to go back and take a hard look at both of those deals you bought and see why they didn't perform as expected.
23 May 2024 | 14 replies
Make sure you're performing credit checks, background checks, verifying income (calling employers and even checking bank statement if you need to), and calling former landlords to inquire about/confirm their habits as a tenant (cleanliness, respect for neighbors, paying rent on time, etc.).If you don't think you're capable of this, definitely find a good property manager!
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26 May 2024 | 40 replies
Here's more info:It's very easy to have an 'Engineering Based Cost Segregation' study performed to see where you can get back some serious money, using your rentals, from the IRS (most CPA's don't have the education or experience to do this for you- you need to use Enginering CPA's).
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23 May 2024 | 8 replies
In the Reno, NV area there are single family portfolios that are out performing the multifamily.
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22 May 2024 | 3 replies
I am on the buy-side of a transaction with a seller that did not perform and is in breach of contract.
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22 May 2024 | 7 replies
@John Carr Many investors have moved away from the 'deposit' language and use a 'performance fee' instead.
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22 May 2024 | 3 replies
Unless there is an offer deadline, I personally think order of offers has influence on sellers.