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9 January 2025 | 9 replies
What I love about Baselane is that it was built BY real estate investors FOR real estate investors so it's really dialed in to what you're going to need in order to prepare your taxes, keep your books up to date and the more operational aspects of being an REI like tenant vetting and processing rent payments.
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7 January 2025 | 13 replies
This fourth month, the rent due date passes and I am upset.I write her a 10 day eviction notice (pay or quit).
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25 January 2025 | 17 replies
One of the key benefits for memberships is that it's a lifetime membership (no ongoing fees or expiration date).
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19 January 2025 | 27 replies
I showed him the parts that talk about dates/term of the lease (one standard and other my “Others” note) and his high confidence we can use this clause stems from that.
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15 January 2025 | 11 replies
Ironically, Taylor often only sent emails to just one of us, until she had multiple reminders.We obtained, as requested, payoff letters for our mortgages with the date of December 31st.
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4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
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3 January 2025 | 4 replies
Consider getting a statement signed by all parties which states that everyone has agreed to terminate the current lease early on X date and all obligations by all parties have been paid in full and that the deposit will be kept by the landlord and will be applied to the new lease.
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20 December 2024 | 6 replies
In a more populated market, you will have more people sharing the same internet hub and it can affect your true speeds.
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3 January 2025 | 5 replies
You good contertops and do a tile back splash with some color I think white subway is becoming a bit dated.
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15 January 2025 | 12 replies
Ironically, Taylor often only sent emails to just one of us, until she had multiple reminders.We obtained, as requested, payoff letters for our mortgages with the date of December 31st.