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5 December 2024 | 4 replies
This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.
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6 December 2024 | 36 replies
I thought I'd have to then get the connection separately.
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2 December 2024 | 3 replies
My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything.
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4 December 2024 | 2 replies
After reaching out to two separate CPA's they advised me they do not answer 1031 questions and the intermediary should confirm the correct deadline date.Can anyone confirm whether the qualified intermediary should provide the confirmation of the date pursuant to the IRS notice or provide a CPA who does phone or zoom consultations and works with 1031's/IRS Notices?
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7 December 2024 | 18 replies
It's a situation where if it was a springer episode each party would have to be separated after the fist fight/hair pulling contest with one getting thrown in the crowd.
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4 December 2024 | 0 replies
Having each service separate can often result in delays, inefficiencies and more work for you as the owner.
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5 December 2024 | 8 replies
I'm gonna reach out to you separately to discuss.Tx
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5 December 2024 | 31 replies
Why do this instead of separate leases?
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2 December 2024 | 10 replies
Since Camby / the Tri-County Conservancy District won't allow the utility service the tenant receives to be in the tenants name, and since it is a flat fee, I'd ask if the tenant if they'd like to add it to the rent or if they'd like me to send them a copy and they pay me separately.
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3 December 2024 | 1 reply
You could ask that they put a year or so of savings into a separate account on which you have view access or receive a monthly statement so you can see they have the ability to pay future rent.They aren't going to last without other income or savings with income at 1.25x rent.