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31 October 2024 | 14 replies
It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.
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5 November 2024 | 52 replies
I am not a featured agent and Im closing bulk of my business from BP without doing a heck of a lot, I am just maintaining what I started.
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30 October 2024 | 28 replies
They maintain access to the house managers and meetings, and while we make the transition to independent living as seamless as possible, they are essentially on their own.
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29 October 2024 | 9 replies
Just giving out free stays near yearend will not help in maintaining customer stays.
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25 October 2024 | 9 replies
Therefore, you should buy properties that attract the segment with the highest concentration of reliable people.Each property attracts only a single tenant segment because its characteristics match only one segment's housing requirements.
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1 November 2024 | 48 replies
Schedule C is needed ONLY if the owner provides significant services for the occupants' convenience, other than the space rental and to maintain the property.
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28 October 2024 | 15 replies
Despite current unemployment rates maintaining below 5%, the recent rise from 3.8% to 4.2%(recently revised to 4.1%) is significant, especially when considering wage growth adjusted for inflation.Over the last few years, the median household income has dropped by 7.2% when adjusted for inflation (and this isn't even considering volatile food and energy prices), a troubling trend given that inflation has outstripped income growth.
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31 October 2024 | 23 replies
I usually suggest to my clients the equivalent of 3 months’ rent held in escrow and double the daily rent rate to be charged in the rent-back agreement starting after agreed upon move-out date if they are not out, with seller maintaining all utilities and repairs on appliances and systems until move out, especially if you’re planning to renovate, anyway.
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25 October 2024 | 4 replies
I definitely would want the mail to go to the correct place.If someone wanted to sue you, the fact that you ignored changing your address would be a good argument that you are not maintaining corporate formalities, potentially having the protections of your LLC ignored.Most states have annual filing requirements for the LLCs so that would be a good time to update it.
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25 October 2024 | 0 replies
Sellers, keep your property well-maintained and inviting—it’s all about making the best impression in a market with options.Parting WordsA shifting market is a door opening to new opportunities.