Lucas Schlund
How Much Cash Do I Need To Put Into My First BRRRR and How Much Should Be Financed?
21 November 2024 | 23 replies
Is there a specific search filter that works well?
Sri Voodi
Investing in Single Family homes in Akron/OH
26 November 2024 | 16 replies
It’s true that you should be more diligent with vetting tenants - cash flow is great, but a destructive tenant can burn through it pretty easily and put you in the red.
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
Common utilities paid by the landlord will be similar if not the same; standard services (extermination, changing filters, snow removal, fire safety inspections etc.) will cost the same.Expenses will vary depending on the market.
Pamela M.
Tenant vacates property before december 1 without notice. Lease is till August 2025
5 December 2024 | 34 replies
You'll need good contact info for them to be able to collect, and ideally the new address for the tenant however which if you don't have can probably be found easily with some online sleuthing/ contacting their employer, skip tracing software, etc.
Sam Rogers
Anyone use a Deferred Sales Trust?
28 November 2024 | 9 replies
With regard to your "DST" and as with many highly structured tax vehicles that have a potential "self dealing" quality to them, there are a number of potential potholes you can easily step in along the way (e.g., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).
Elliot B.
Submetering Heat with BTU/Flow/Energy Meters
29 November 2024 | 27 replies
The solution is to location the meters as close to the billed unit as possible (or even inside) but sometimes that's not convenient because the return and supply lines are on opposite sides of the building whereas you could easily put the meter right next to your boiler / zone valves where all of the pipes are easily accessible.As for cost per BTU, with oil, you keep a rolling average of the price per gallon in your tanks and divide the BTU's used by 138,500 (BTUs contained in a gallon of heating fuel).
Matthew Shea
Single Family: Buy, Rehab, Hold, LTR
26 November 2024 | 2 replies
Ultimately I had a vision for how this particular home could easily be improved and rented for top market without much headache.How did you find this deal and how did you negotiate it?
Tanya Maslach
Creating an LLC: state where properties are located
29 November 2024 | 12 replies
This is easily enough obtained through online services if you don't know someone in Ohio willing to do this for you.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
My wife and I are analyzing deals with the calculators to filter through the possibilities.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I can also tag it by property to easily pull P&L for each property.I am super happy with Baselane and excited to not have to spend so much time on bookkeeping and prepping things manually for my accountant.