Adam Guymon
Starting Out, help! Very unique situation.
29 August 2024 | 6 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
Jeff Vasishta
Buy, Renovate and Hold in Pittsburgh
27 August 2024 | 1 reply
You can take advantage of bonus depreciation and accelerated depreciation deductions to offset your passive income.With the 1031, you might have excess basis which is eligible for bonus depreciation.
Chryl Williams
NY Section 8 & City Fheps vouchers
26 August 2024 | 2 replies
We get about $900 in excess.
Jason R.
Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies
Any excess amounts in the master are then assets or liabilities or capital of the master which are noted on its books.
Jeannette Albiez
Tenant damage costs more than deposit and exceeds small claims limit
25 August 2024 | 7 replies
You waive the excess.
Andres Ruiz
Security Deposits and Out-of-State Property Management Software
24 August 2024 | 5 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Jaden Jung
Experiences in Roofstock, Doorvest, Norada, or other "Turnkey" solutions
26 August 2024 | 16 replies
Just make sure you set enough aside for capex, vacancies, unexpected insurance increase, taxes, tax professionals, and local considerations (excessive heat?
Sherri Lynne Graham
looking to buy and hold multi family in Rural Utah
22 August 2024 | 6 replies
My pleasure, I would have loved to help more, but I have been working really hard to get more of our bigger national banks on board with rural properties but the appetite is just not there for some reason.
Michael D Kaminski
How to Supervise my Property Manager?
23 August 2024 | 21 replies
FYI, over the years, we've also learned to save a lot of money wasted on excessive management labor costs (we call them "stupid trips") by planning the occasional weekend to drive down, inspect our units and address any labor-cost intensive items that we can do over a 3-day weekend.
Gabriel Sastre
Side by Side Duplex Noise
21 August 2024 | 2 replies
Our lease calls for no nuisances such as excessive noise.