Shannon Brill
Using Ratio Utility Billing System for gas?
24 October 2024 | 6 replies
The issue with RUBS is that it is fluid and it hinges on the # of occupants and this poses issues: 1) A child uses less than an adult; 2) a worker from home uses more than one that drives to work; 3) A couple may have a child during tenancy which they fail to divulge; 4) friends and family may visit for a few days during holidays.... etc. etc. etc. --- and... these issues become issues for the other Tenant and then turns you into the constant 'utility police' because you constantly have to monitor # of occupants... eww. 50/50 is simple and simply understood and 100% while vacant is also simply understood.
Adam Peralto
Atlas property not renting
26 October 2024 | 11 replies
Market activity continues to increase and peaks June-August when kids are out of school and parents don't have to worry about mid-term school transfers.Finally, many owners only look at PMC pricing, so have never asked their PMCs enough questions about rental property marketing, showings, prospect screening and what information about all of it will be provided to them.Here’s some questions we hope it’s not too late to ask:What websites does your property show up on when you Google the address?
Roberto Treviño
Investing with parents or renting to them.
22 October 2024 | 3 replies
Good afternoon BP community. Recently my dad has expressed the idea of purchasing a home in DFW where he is currently renting. He came to me to see if I would be open to co-owning the property. That would be his...
Neal Coppola
Cape Coral Land Sales
26 October 2024 | 10 replies
Just based on this number I would tell you it is a terrible market and Jason is completely inaccurate. cape and lehigh are poster child for massive subdivision built in the 50s 60s that market has been a yo yo ever since.. lot prices go down to 10k in lehigh when things are like now and then shoot up to 40 to 60k when you have a building boom like 3 years ago with outside sales influences.
Tyler Bilinovic
How important is getting an account for tax purposes when entering long term rentals
23 October 2024 | 15 replies
I have spoke with my parents who have been in long term rental business for 30+ years and use an account to for their taxes.
Jack Hritsko
Real Estate Sales llc - Flip Cheap Houses
23 October 2024 | 10 replies
I would say NO, do not spend your money or your parent's money on any real estate training.
Jason Frink
Legal Advice Arkansas
20 October 2024 | 4 replies
@Jason Frink, this page seems to cover it:https://www.omglawfirm.com/arkansas-probate-intestate-succes...Here is a pertinent snippet from that page:If you don’t have a Will, the default order of descent goes like this: (1) full blood and adopted children of the decedent, subject to any dower, curtesy, and homestead interest of a spouse; (2) if no full blood or adopted children, then everything to a spouse of greater than three years or half of everything plus dower, curtesy, and homestead to a spouse of less than three years and the other half of everything to other heirs (per this table); (3) to the decedent’s parents or surviving siblings; (4) to the decedent’s grandparents or surviving aunts, uncles, cousins, etc.; (5) to the decedent’s great-grandparents or surviving great aunts, great uncles, etc.; (6) if none of those intermediate descendents are alive the remaining half can go to the spouse of less than three years or to a predeceased spouse’s heirs; (7) finally, if none of these apply, all the property escheats to the county where the decedent died.A good way to visualize the order is to imagine the following scenario: Alfred dies without a Will.
Alexander F Pollock
Quitclaim Deed in New Jersey
22 October 2024 | 2 replies
Hi, I own a free and clear property in Gloucester County NJ with my wife and her parents, and want to put it into my LLC.
Taylor Kendrick
Thanks for having me!
23 October 2024 | 18 replies
A lot of parents seem to think so, at least not something to aspire to.
Will Brackeen
Does anyone have a Discord I can join?
21 October 2024 | 1 reply
If your parents are worried because of your age, bring one with you and it could be a cool thing to do once a month together.