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11 January 2025 | 7 replies
Just document the current condition before the cleanup process and follow any other local law or procedure that is in your municipality.
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6 February 2025 | 1 reply
Looking for a PML to fund the deal .Please only respond if you are an asset based lender not looking for credit score ,I am looking to work with a lender who's criteria is based off the numbers .Thank you
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8 January 2025 | 11 replies
The rules and payment standards vary significantly from one area to another, so familiarizing yourself with the local housing authority's procedures is key.
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5 February 2025 | 19 replies
Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.
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5 February 2025 | 4 replies
Hi Samir, I'm based in Texas myself.
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30 January 2025 | 8 replies
I am a CT based investor, flipper and property management company owner.
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31 January 2025 | 4 replies
Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.
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3 February 2025 | 3 replies
I've got the idea to more positively incentivize my tenants to pay rent by the idea expressed in the following example:- If they pay any later than five days late, they pay base rent ($1,000) + fixed late fee (e.g., $150)- If pay on time without autopay, they pay base rent ($1,000) + "manual payment fee" (e.g., $25 or $50)- If they use autopay for timely payments, they pay just the base rent ($1,000)In the above example, you see that a discount of $25-50 was applied in the case that the tenant chooses to setup autopay to schedule on-time payments via a given PM software.Please let me know if any software comes to mind and also any feedback on the positive incentive idea.Thanks in advance!
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6 February 2025 | 2 replies
Louis based and didn't realize how much he hated to travel to care for it!