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29 July 2024 | 1 reply
Most businesses under $5M are funded via Small Business Administration (SBA) loans.
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31 July 2024 | 11 replies
As a result of this oversight, the city has now charged a total of $2,084 in re-inspection and administrative fees.
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1 August 2024 | 71 replies
If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!
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31 July 2024 | 18 replies
With technology and public access to MLS and other data bases, the value of and number of deals where a wholesaler can add value has declined significantly2.
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28 July 2024 | 7 replies
Leasing Management Program Overview The Leasing Management Program will involve the following activities: • Annual review of all units via the tax assessor database to identify potential "hidden" leasing situations. • Creation and maintenance of a list of all units/owners approved for leasing. • Creation and maintenance of a leasing waiting list for homeowners requesting to lease their units. • Creation and maintenance of a list of tenants' names and contact information. • Inclusion of tenants in the association website with "renter" level access. • Inclusion of tenants in the violation system, including sending notices to them when needed. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.
1 August 2024 | 125 replies
In the future, if the only red flag is a house fire and hotel situation, you can always make a public records request on the former address at your police and/or public safety administration in your city/county.
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25 July 2024 | 4 replies
Hello Francis,Skip tracing services charge fees because they aggregate data from multiple sources, often including private databases, public records, and proprietary data, to provide accurate and up-to-date contact information, including phone numbers associated with a property.
25 July 2024 | 10 replies
You will have a mismatch between depreciation allowed from the federal & state level for the entire life of the property which can create some added administrative burden for some.Just in case there is confusion by the way, you are still allowed to take bonus depreciation under your federal return, just not for the state of Connecticut (among some others if others are reading.
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25 July 2024 | 2 replies
Candidly your whole unintended consequences that actually negatively impact the people it was supposed to help is just about every single idea or policy that has come out of this administrator for 3 and a half years.
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26 July 2024 | 11 replies
Side note: If any active investors in Jacksonville or FL in general are looking for a VA or Administrative support from someone who has some experience, I would love to chat with you!