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17 December 2024 | 16 replies
If LL uses accrual method, they can book revenue without receiving.
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17 December 2024 | 29 replies
Sorry for the questions just curious about your method since it seems different than most.
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14 December 2024 | 15 replies
There is no 'per square foot' method that is accurate....At least until you have quite done a few....
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10 December 2024 | 10 replies
I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices.
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6 December 2024 | 4 replies
The BRRRR method and house flipping are both fantastic strategies, especially if you're resourceful and willing to put in the work.If you’re working with limited capital, partnering with others or exploring creative financing options like private money lenders or seller financing might be worth considering.
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11 December 2024 | 15 replies
The straightforward method is to do everything yourself, as in my example above.
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7 December 2024 | 7 replies
As long as you paid a contractor or someone who’s not an employee $600 or more in a tax year, you are required to issue them a Form 1099, regardless of whether you paid them via cash, check, or another method.
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7 December 2024 | 1 reply
In working on construction loan financing, the lender informed me I'll need to unencumber that portion of the property (makes sense) before closing on the construction loan.I understand there to be two methods generally speaking: refinancing my mortgage and removing that portion of the property in the process OR attaining a partial release from the lender to remove that land.I *strongly* want to avoid refinancing as I have an amazing rate, but partial releases seem complex and also require a survey.
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28 November 2024 | 15 replies
I recommend an electronic payment method.
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2 December 2024 | 3 replies
What tools or processes have you implemented to estimate rehab costs more accurately and avoid scope creep in BRRRR projects?