Benjamin Cuddy
Landlord security deposit/bank account requirements
27 May 2024 | 2 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Kaitlyn Alibrando
Property Management Software with Maintenance Support
27 May 2024 | 3 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
31 May 2024 | 149 replies
In other words need to know if the return is so good that it accounts for the excessive risk.
Ebony M Marshall
Security Deposit Return- PLEASE HELP!!!
27 May 2024 | 8 replies
A bright red grape juice stain on white or beige carpet is damage beyond normal wear and tear.As far as the garbage and the dumpster, if there is trash removal included in your rent, it probably doesn't include furniture or excessive amounts of large pieces of garbage.
Zach Steinberg
Should I open up another bank account?
26 May 2024 | 3 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
Engelo Rumora
Is Turnkey Dead? ☠️
24 May 2024 | 42 replies
There is massive investor appetite for cash flowing properties.We do things a bit differently though where we source the deal, sell it as-is, and facilitate the rehab while the investor funds it.
David Pereira
Thoughts on buying multi family all cash(duplex,triplex)
25 May 2024 | 6 replies
Quote from @Leonard Rybak: Quote from @Greg Scott:Please share an investment that offers 20% plus returns Almost every real estate investment I have made has had returns in excess of 20%, both single family and multifamily.
Jeff S.
Living off rentals
31 May 2024 | 187 replies
However, I believe smart, hard working RE investors can still obtain returns in excess of most other investment opportunities.
Jeremy H.
No pets - harder to find tenant?
25 May 2024 | 15 replies
2) I’ve allowed pets for 20+ years and have yet to have pet damage in excess of the security deposit. 3) once you’re vacant an extra month you could have replaced the carpet with the lost rent. 4) what’s the plan when you wait all this time and then your tenant brings in their ESA dog?
Sam McCormack
Do you require cash flow off the bat for your Properties?
22 May 2024 | 13 replies
If someone is working with a lower balance of funds like I am, than I'm more likely to prefer cashflow so that I can continue to afford the property as well as my life style.If I had some disposable income that was in excess of what I need to live on, than I'm more inclined to look forward towards appreciation because I would have enough wealth to take the hit now for the bigger payment in the future.