Kenneth T.
How to collect rent
21 June 2024 | 11 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Kenneth Jenkins
Cash Out Refinancing What to Look For - Metro Detroit
21 June 2024 | 3 replies
Are you finding enough lenders can give you reasonable GFE without needing to spend an excessive amount of time on each?
Spencer Herrick
Tenant in Jail: neighbors seeing tenant using drugs in garage
21 June 2024 | 11 replies
For example, if the police came out and cited them for excessive noise at night, I would issue a lease violation warning and cite the lease term about not disturbing neighbors.
John Campbell
Steps to Turn Primary into Rental
21 June 2024 | 10 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
John Michaels
Top 10 Real Estate Markets for Cash Flow in 2024
20 June 2024 | 17 replies
"McAllen was recognized as the third safest city by SmartAssest.com, which analyzed a core set of common safety factors, including the following five metrics: violent crime, property crime, vehicular mortality rate, drug poisoning mortality rate and the percentage of the population engaging in excessive drinking."
Tim Townhill
Building a Section 8 Portfolio
20 June 2024 | 18 replies
There is no doubt that REI in Section 8 is risky, but the entry point is attractive with leveraged yields well in excess of what you can achieve in regular REI.
Luke Hoffman
Sell or hold- cashflow destroyed by property taxes
18 June 2024 | 15 replies
Doubling seems excessive unless they went from $500 to $1000.
Corey G.
Remotely monitor water meters for leaks
19 June 2024 | 18 replies
I just had about $700 in excess water charges due to running toilets!
Arie Guerra
Tax Law and Financial/RE Planning
18 June 2024 | 4 replies
This is a good question that people on here should be able to give you ideas about what seems appropriate and what would seem excessive.
Colin Ushkowitz
Tenant Security Deposits
17 June 2024 | 11 replies
So, even if 1 property has excessive expenses in a given year the other properties carry it.