Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
1 November 2024 | 17 replies
Whichever option makes sense for you will depend on your cash flow/cash position.
Zack Gill
Self storage development - kicked tires long enough - trying to jump in
23 October 2024 | 9 replies
Interest only during construction and during rent phase up to 65% occupancy or 18 months whichever came first.
Tyler Bilinovic
How important is getting an account for tax purposes when entering long term rentals
23 October 2024 | 15 replies
Whichever way you go, do your own taxes or get a CPA, make sure you have a good bookkeeping system for each rental and I'd recommend getting a business checking account - when I had my rental income and expenses mixed in with my personal account, it took a long time to sort through which was personal and business (rentals) with pages of bank statements.
Cherilyn Williams
Late Rent Payments Keep Happening: How to handle this situation?
22 October 2024 | 14 replies
It's a one-time fee of $100 or 5% of the rent, whichever is greater.
Mark Husband-Wood
Commercial property late fee
9 October 2024 | 8 replies
A late fee in Maryland cannot exceed $5 or up to 10% of the monthly rate, whichever is higher, and no more than three (3) late fees may be charged in a single amount.
Jimmy Jarjour
House Hacking in San Francisco
4 October 2024 | 27 replies
Basically 75% of the current or appraised rents (whichever is lower) has to cover 100% of the mortgage.
Account Closed
Difficult tenant move out- recommendations?
8 October 2024 | 8 replies
If the lease was through the 31st then they owe rent until the new tenant starts paying rent or July 31 whichever is first.
Chase Rule
Low money down options
6 October 2024 | 8 replies
DSCR programs vary, but getting away with putting less than 10% of either the purchase price or appraisal amount (whichever is lower) is rare.
Melanie Baldridge
What happens to your RE portfolio when you pass away?
4 October 2024 | 5 replies
Whichever you select must apply to all assets in the estate.But you still get the new basis at time of death, regardless if it is sold within 6 months.
Andrew Syrios
Jackson County (Kansas City) 2023 Property Tax Increases Deemed Illegal
3 October 2024 | 8 replies
The order requires the county to roll back 2023 assessments to either their current level or a 15% increase from the last assessment, whichever is lower.