Babu Byrapuneni
Rental balance sheet
18 April 2024 | 4 replies
Hi Babu,A simple rental property balance sheet will have the following accounts:Assets: Cash, tax and insurance escrow, fixed assets and depreciationLiabilities: Credit cards, security deposits, and loansEquity: Opening balance equity, owner's contributions/distributions, retained earnings and net incomeThere could be a number of reasons that your balance sheet does not balance.
Fadela Zaoui
Seller financing & court ordered sale
18 April 2024 | 2 replies
Hey @Fadela Zaoui - if its a court ordered sale... unlikely sellers would entertain seller financing, but the answer's always no unless you ask :) I recommend working with your broker to figure out what the sellers really want - sounds like one of the sellers wants to cash out so they may not be the person that wants to do seller financing BUT the other seller may be open to it.You could also potentially look at a joint venture option where you just buy out the seller that wishes to sell her portion, and partner up with the other equity holder who now gets to retain their piece of the pie.
Pratik Jhaveri
Can you pass through rental income loss using an LLC?
18 April 2024 | 8 replies
In general, the character of the income is retained through the LLC.
Bryant Hull
How much should I value the purchase of a property management company?
17 April 2024 | 39 replies
The challenge is the assumption that the clients will be retained.
Robert Zajac
Questions/concerns about normal PM fees/expectations for Cleveland Ohio
18 April 2024 | 12 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Lynette Guy
Leaving Evolve Vacation Rental
17 April 2024 | 35 replies
I'm told by Airbnb that I can't retain my reveiws unless Evolve adds me a a co-host and they will not do so escalating to a manager to see what I can work out.I'm trying to terminate with Evolve and they will cancel my current booking or I have to stay with them until my 2022 Evolve bookings pass.
Jena Vail
Selling Land with Owner-Finance
15 April 2024 | 2 replies
They even retained a grazing lease for their cattle.
Megh Patel
Gas Station and Laundromat Owners
15 April 2024 | 0 replies
Marketing and Customer Retention: What targeted marketing strategies have you used to attract and retain customers, and how do you measure their success?
Tempu Nefertari
Choosing a HELOAN Lender
15 April 2024 | 4 replies
Some lenders allow you to lock up a portion this way and still retain the difference as available credit.Is this an investment property or owner occ?
Lenza M.
Is Holton Wise Sale of Quad in Cleveland a Scam? (7809 Franklin)
20 April 2024 | 100 replies
So you are either incapable of retaining information provided to you or you're here on a public forum blatantly lying.