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10 January 2025 | 11 replies
It's tricky because we are doing the pre-lease inventory of the premises during *my* purchase final walkthrough lol.
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7 January 2025 | 1 reply
Private loan that I paid when the sale was finalized.
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13 January 2025 | 10 replies
First, I looked at the most common solutions: Quickbooks, Stessa, Digb, RentRedi and finally went with Stessa because it was free.
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7 January 2025 | 0 replies
Private loan that I paid when the sale was finalized.
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11 January 2025 | 7 replies
Work with a tax expert and real estate attorney to finalize the deal and navigate zoning or financing complexities.This post does not create a CPA-Client relationship.
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10 January 2025 | 67 replies
After a $500 plumber bill I no longer wish to continue stressing out about this business; at the beginning (10 years ago) it was fun and challenging, now, after seen how we are the ogres (landlords in general), the outrageous government response with the eviction moratorium during Covid, the raise in taxes and insurance, service people who charge you more than a brain surgeon, the fact that this country is becoming dangerously socialist and the tenant drama I finally decided It is time to look elsewhere for investments.I just cannot find any information of what to do when I sell my properties.
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17 February 2025 | 69 replies
Finally had the board of supervisors sit down with her and correct her.
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8 January 2025 | 9 replies
It only takes a few minutes to comply, and this way, you don’t have to worry about any decision they finalize on later.
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5 January 2025 | 1 reply
I've spent the last 3 years nagging the city to sell me a lot next to my property so I can install a driveway and they've finally agreed.
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13 January 2025 | 11 replies
Lesson learned is to pay more to get into a nicer area (B neighborhood) with more reliable tenants to avoid the vacancy risks, but again, if we can just get the 2nd unit filled we will finally have stable cash flow.