William Burns
Detroit Housing Commission Section 8 System
18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.
Frank Del Corso
Sheriff Sale question
13 December 2024 | 6 replies
Secured creditors in order to take the property are to put in a motion to lift the stay.
Marc Shin
Necessary to include photos of the exterior of the property?
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
Gordon Cuffe
Old member introduction
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.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
Plus, they handle online rent collection (a necessity if you don't have a property manager!)
Ben O'Neill
How to calculate ROI with multiple loans on purchase property?
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.
Matthew Mclean
Do I accept a Housing Voucher?
11 December 2024 | 29 replies
This doesn't mean you cant reject an applicant for other reasons you typically would such as income, poor credit, or criminal background.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
He has no social media, no pictures, no videos, no online presence, nothing.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
It truly shows your commitment to provide your current and future clients a better experience.I know that online reviews can take the best of one's head space and it can take a toll on the business.