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7 January 2025 | 24 replies
Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.
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28 January 2025 | 9 replies
Ensure lease executed ends April 30 to May 15 for the same reason.
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26 January 2025 | 13 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
4 January 2025 | 5 replies
You certainly want to vet your property manager to ensure they are focused on balancing asset protection with tenant satisfaction.
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27 January 2025 | 7 replies
The intention of this post was more towards asking a question rather than trying to find a note purchaser because I just started SFH and MHP investing not long ago and figured biggerpocket might be a proper place to post this question lol.
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14 January 2025 | 4 replies
If this isn't required, then most likely having the GC sign a completion guarantee to ensure the project gets finished and lender is not stuck with a partially complete asset is the case.
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4 February 2025 | 3 replies
And here is where I actually got properly annoyed.
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29 January 2025 | 12 replies
The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.
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16 January 2025 | 3 replies
And are insured properly.
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30 December 2024 | 6 replies
If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!