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8 February 2025 | 22 replies
The key is for you to separate the utility costs from the rent, then advertise your units with the rent rate only and explain the utilities later.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.
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3 February 2025 | 32 replies
Finding the right balance between appreciation and cash flow is key, especially when your goal is to scale efficiently.
1 January 2025 | 24 replies
A prudent investor doesn't seek quick riches through shortcuts.
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22 January 2025 | 21 replies
Here are the key points:- First-time homebuyer: You qualify if you (and your spouse, if applicable) haven’t owned a home in the past two years.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.
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15 January 2025 | 15 replies
I added arcade games, board games and accept pets as well.
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14 January 2025 | 4 replies
Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).
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20 January 2025 | 8 replies
That’s a great question, and identifying the right target audience is key to maximizing bookings and optimizing your listing.
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2 February 2025 | 9 replies
One thing my property management company does, is that we give the tenant a move-in checklist before we give them the keys.
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12 January 2025 | 2 replies
can uncover key details.Leverage Creative FinancingWhen price is a sticking point, structuring the deal creatively can make it a win-win.
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13 January 2025 | 11 replies
The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.