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27 January 2025 | 35 replies
This could be added at some point.
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26 January 2025 | 5 replies
Is the finished basement SF added to the main SF to get a total SF which I then use as I normally would to get a per SF price or do I value the basement and main floor differently?
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8 February 2025 | 42 replies
Good property management will help to eliminate tenant turnover.
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16 January 2025 | 0 replies
I added value to the property by focusing on key renovations that aligned with the tastes of Hamptons buyers.
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16 January 2025 | 31 replies
I was able to eliminate that expense just by switching to baselane because I can do it myself now.
17 January 2025 | 7 replies
Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.
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6 February 2025 | 18 replies
Long term rental numbers are hard to get cash flow with added in reserves for maintenance, cap ex, and vacancy.
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12 February 2025 | 13 replies
Make sure to plan for the added rental income/ordinary expenses on your tax return.
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12 February 2025 | 11 replies
If you’ve got property and aren’t well-versed in an accounting software I’d recommend starting with a good accountant and quickly adding a good bookkeeper.
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27 January 2025 | 4 replies
Adding $125 - $166 per door boosting overall property value.