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27 December 2024 | 9 replies
Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?
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23 December 2024 | 2 replies
Instead, try reaching out to regional insurance adjusters or property claims departments directly.
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7 January 2025 | 22 replies
This is calculated after accounting for all expenses, including taxes, insurance, utilities (water, sewer, garbage, electric, gas), and an allowance for maintenance costs (typically 5% of gross rent, adjustable based on the building's condition), as well as management fees.I invest in the Binghamton, NY area both as an investor and as a realtor.
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2 January 2025 | 11 replies
I made adjustments, and it paid off when I found great tenants for the third-floor unit.Improvements Add Up: From installing a shared washer and dryer to renovating my unit’s kitchen, every improvement added value to the property and increased its appeal.Stay Financially Savvy: Refinancing my mortgage and renting out the garage spaces were big wins that helped offset costs and improve cash flow.Expect the Unexpected: Maintenance surprises (like a flooded toilet or diagnosing strange sewer smells) are part of the journey.
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21 December 2024 | 12 replies
Roku now has automatic account linking as of last year, a large portion of channels utilize this feature.
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22 December 2024 | 5 replies
While it’s not uncommon for full-service managers, you might find lower rates (~10-15%) or alternative solutions like co-hosting services, especially if you handle bookings, rate adjustments, or guest communication yourself.
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30 December 2024 | 11 replies
I can make larger adjustments in rent when a turnover occurs.
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23 December 2024 | 0 replies
It’s a tough decision, but we’re adjusting our strategy to align with market conditions and our timeline.Having come from a corporate background, I’m used to doing these kinds of planning exercises.
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17 January 2025 | 24 replies
If you are not rolling over to a custodian, but just changing the plan administrator and recordkeeper, you should be able to retain the titling of the investments, which may simplify the process. 3) You should be able to retain the current bank account for the Solo 401(k), but may need to switch to a banking partner that is more compatibly with the Solo 401(k) platform you use. 4) If you have a self-directed brokerage account tied to the Solo 401(k), you may need to make some adjustments there.
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25 December 2024 | 5 replies
To beat 5.25% mortgage rate....the corresponding, offsetting stock market return would be at least double that...To answer your question requires (1) knowing what risk adjusted return you will be able to earn in the future (2) knowing what interest rates will do in the future.