
4 May 2024 | 2 replies
House values in the area have increased about 5% the past year and the Greenville area and surrounding areas are rapidly growing.The monthly expenses (including utilities and 5% for repairs and 5% maintenance) come out to $2,291.
5 May 2024 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

4 May 2024 | 3 replies
I'm looking to start using property management software, but I want something that can also do the accounting for seller financed loans, including escrow accounts.

5 May 2024 | 9 replies
@Alberto Cioni, You want to make sure you really understand the fair market value of the real estate you are purchasing at your price - which includes all fees.Today's generation of DSTs has begun hiding fees inside of acquisition pricing, so without a commercial underwriting comp study, it's difficult to understand whether the price is fair.

5 May 2024 | 3 replies
Even a single-member LLC can be claimed here as well.I have included an image of the page below and you can see the basic layout: Income and Expenses mostly.

6 May 2024 | 23 replies
Unfortunately, there are numerous other frustrated customers who are dealing with similar, if not worse, situations, myself included.

4 May 2024 | 10 replies
The only payment you should accept is 100% in full, including late fees and court costs, and it has to be in certified funds (cash, money order, cashier's check).
4 May 2024 | 3 replies
Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.

4 May 2024 | 9 replies
People grow up and then move away, at least anyone who can get out does (myself included).

4 May 2024 | 2 replies
My current mortgage is 6500 a month including MPI.