Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
In 2023 before I invested any funds, each and every time that I spoke with their representatives, I asked as my FIRST question if Norada Capital Management had ever missed any interest or principal payments, and was always told the same thing by their representatives, that Norada had a perfect payment/reimbursement history.
Aus Smith
Property Management - Contract and Fee Structure
14 November 2024 | 10 replies
Out of curisosity, are you considering utility reimbursement portion as "Owner making money?"
George Fleming
How to handle shared Washer/Dryer yet utilities assigned to different units
18 November 2024 | 8 replies
However, if you want to press on, here are a couple of ideas:Install a coin-op washer and dryer and use the revenue to reimburse the tenants.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
The business partner (or "mentor") I met there, who agreed to pay half of the course cost, never reimbursed me, leaving me with all the credit card debt.
Gloria C.
Investment property burned down.....
15 November 2024 | 7 replies
For tax purposes, it's considered a reimbursement for property damage.
Mary Pastoral
VRBO charges 10% commission for direct booking outside of their platform
23 November 2024 | 40 replies
It was a while ago and I was able to have the fee reimbursed I believe, but I have a US based manager from VRBO so it was not too painful a process.
Vanessa Lule
Newbie in Rental Arbitrage –How do I Analyzing Profit Potential?
19 November 2024 | 14 replies
In an event of emergency that in order to make your guests happy you might have to take care of things out of your pocket but make sure the landlord is agreed to reimburse you as long as the cost you incurred fall within a reasonable market rate. 3.
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
I didn't realize the construction work is paid out of pocket and then reimbursed, so I had to nuke a lot of my bitcoin to pay for the first 12k worth of work to get the project started, so unless your lender gives you some construction money up front, you'll need to account for that too.
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
15 November 2024 | 7 replies
Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.
Cody Weiss
Blockchain & Real Estate
15 November 2024 | 25 replies
You will then need to ensure you can program ,manage, secure and distribute the conditions of the contracts and the reimbursement of the coin.