Errand P Braithwaite
Newbie....I don't know if this house is overpriced
11 February 2024 | 2 replies
Sometimes homes do not have the correct number of Bed's or Bath count or square footage so the calculation will not be correct.If you use the search tool to filter and look in that zipcode for "Identical" sold homes in the last (6 months) compare all of the most recent sales and proximity of up to 2 miles to gauge the value.
Caroline Gerardo
Many Times I Said Don't Waste Your Money on LLC Vesting. Now this:
11 February 2024 | 30 replies
. $1.Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret.
Alan DeRossett
inherited trust want to buy out sister and retain low prop 13 tax basis
11 February 2024 | 4 replies
The Property Tax would be $16k more buying identical property next door so want to retain Prop 13..
Massimo Salerno
own it detorit
10 February 2024 | 5 replies
Things were going bad from day one however we wouldn't be aware of it until late 2017.It started when 1 of our properties got burned and when started an insurance claim learned that the policy the management company has purchased for us wasn't covering the cost of property purchase and their savings of $20/month cost us loss of thousands of dollars.That was the start of our awakening and we started checking all that was taking place and we have questioned all the different bills and reports that were provided to us, during that we learned that 2nd of our properties was abounded by the tenant and the months late rent payment wasn't questioned by the management company, not only that but thieves had broken in to steal all appliances and vanities, created damage and leave the property completey vandalized, a squatter had taken over the property and we had to go thru eviction process.Needless to say we have dropped Mousa and his so called management team (Omar and Wanda) and hired another company to take over and conduct a full due diligence on our properties which helped us to find out that on a 3rd property the management company had failed to fill out correct paper work and the tenant was not paying her utility bills for months and that mistake of paper work forced us to settle thousand of dollars past due bills with the city, that's on top of the fact the tenant was way past due on her rent, this property was so badly maintained despite the fact we have paid thousands of dollars to Mousa and his team for various repairs they have reported and invoiced for.As you can imagine the poor management of this company had caused us nothing but losses that are at this point estimated in tens of thousands of dollars.It is clearly our responsibility of not checking this company in details before engaging in business with them, however it is this company lack of responsibility and management that caused our losses.Be aware and check them thoroughly before engaging
Justin Goodin
👋 XIRR vs IRR: What’s the difference?
10 February 2024 | 3 replies
The XIRR and IRR functions in Excel are nearly identical besides one critical difference: ✔️ Timing Assumptions - - The IRR formula assumes there are equal time periods of a year between the cash flows of a project.
Kevin Reiss
Looking to get started!
9 February 2024 | 6 replies
Units are affordable less than ground up builds but rents are almost identical in most cases.The timeframe to have a company come out and install a TH, Modular or MH is usually 60-90 days.
Craig James Conrad
Trouble with Smoke Detectors?
9 February 2024 | 0 replies
I brought the alarm to my house and set it in our hallway and it hasn't gone off at all.What could be causing it to go off (remember that, according to the tenant, another identical unit was also going off when installed in that same bedroom).Thanks!
Justin Goodin
on't have to buy a 400-unit for your first deal
9 February 2024 | 8 replies
I’m also challenging Melanie to prove her identity 😅 This is a random person with no info or profile pic, hiding behind their keyboard.
Robert Dunbar
Go-to kitchen floor tile
8 February 2024 | 4 replies
@Nik LeeThe tile I picked was identical to this pattern.
Tim Tassio
Due diligence fees - current market 2023/24
10 February 2024 | 22 replies
Implying is that your offer is identical to the other offers on the table just with a lower due diligence is extremely misleading to anyone subsequently reading this post.