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12 February 2025 | 27 replies
Not sexy as Lexington but bank account is the ultimate measure of success
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30 December 2024 | 1 reply
if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.
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26 January 2025 | 51 replies
Acquisition people, asset managers, finance/accounting roles are all needed to run properties, even if the property management is outsourced.
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21 January 2025 | 20 replies
Expect to see more brokerages reduce their fees for listing real estate as they move towards fee models that not only recognizes but accounts for the role technology plays.
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20 February 2025 | 46 replies
It's pretty much already been said...normal wear and tear for small picture hanging holes...cost to repaint entire unit needs to be accounted for in the total rent from a 1 year lease.
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20 January 2025 | 7 replies
It is important to take into account the future of your investment.
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17 January 2025 | 6 replies
You could also add cash to your exchange account to reduce the debt replacement if you wanted.
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16 January 2025 | 11 replies
I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.
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16 January 2025 | 8 replies
Wage garnishment , attach any bank accounts , and or vehicles
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16 January 2025 | 4 replies
I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month.