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8 January 2025 | 29 replies
Dig deep for online reviews, Better Business Bureau and their State Real Estate Board, etc.- Do be open-minded though as we have many of the above from tenants who claim we illegally evicted them (so, somehow we got a signed Write illegally?)
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21 December 2024 | 12 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.
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14 January 2025 | 329 replies
I'd rather have a property remain vacant to I can spend time cleaning up and getting it ready and back-online so it could be available for someone else to rent.
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15 December 2024 | 25 replies
Plus, they handle online rent collection (a necessity if you don't have a property manager!)
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20 December 2024 | 12 replies
You’re online listing doesn’t need to be a comprehensive photo shoot of every single nook and cranny of your home
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17 December 2024 | 7 replies
I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.
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19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.
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16 December 2024 | 35 replies
Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes.
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14 December 2024 | 11 replies
In most states they must be published in a local paper which all are online.
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30 December 2024 | 819 replies
He has no social media, no pictures, no videos, no online presence, nothing.