William Coet
Syndications: General Partner vs. Limited Partner
24 September 2024 | 5 replies
Additionally, they may include a carried interest or promote structure on the back end, which serves as an incentive or commission if they exceed performance expectations.Limited partners (LPs), on the other hand, simply invest capital and remain on the sidelines.
William Johnny
Pay off debt first or invest first
25 September 2024 | 17 replies
@Joe Villeneuve I have a similar situation, I have a 743 fico score, with a credit card that have a remaining 12,000 to pay off a 20,000 card.
Collin Hays
Two fallacies to avoid right now: Sunk Cost Fallacy and Recency Fallacy
25 September 2024 | 8 replies
I love the remaining clients I have and the new ones.
Don Konipol
Wealth Enhancement Strategies for Real Estate Investors
24 September 2024 | 0 replies
Example - negotiated purchase of a 5 year balloon note of $280,000 remaining principal paying 11% interest for $250,000.
Joseph Russo
NYS Options Lease Non-Renewal Notice
23 September 2024 | 1 reply
If the letter remains unclaimed, then does the notice have to be handed off in person or can the tenant be notified through the rent payment app?
Hana Mori
Is my first DSCR loan experience normal?
27 September 2024 | 40 replies
It seems as if everything remained true here though so the increase in fees is certainly frustrating.
Tommy Stark
Question for rental properties
23 September 2024 | 2 replies
@Tommy Stark, as Bill noted above, many variables and factors affect the duration of a property remaining on the market.
Trenton Pelloquin
Bookkeeping for long term hold rentals
24 September 2024 | 8 replies
Entities that are not "disregarded" need their own QBO to ensure their balance sheets remain 100% accurate.We do run into an issue every now and then with some transactions that don't allow us to designate the customer/property but we've found ways to get around this and still have the transaction reflect the appropriate customer/property.This allows us to pull all the financial reports our Clients and their tax pros need to see.I'm in no way saying our way is the end-all-be-all but it works for us and our Clients' tax filers/advisors.There's a FB group called, "Bookkeepers for Real Estate Investors".
Trent Reeve
Home Warranties for STR
23 September 2024 | 6 replies
As a result, we refunded the remaining two nights @ $200 per night, and the water heater wasn’t replaced in time for the next guest, so another approximately $1000 was lost, as that guest had to be moved to another property.
Karolina Powell
First time interested in a larger multi-family - how do I verify financials?
26 September 2024 | 17 replies
If you price the deal based on the current rent roll, you will not be remotely competitive in your offer, since many other investors will price it on $1,600/mo, with a small discount to account for the remaining term of the existing leases.On expenses, as noted, what seller pays is likely very different than what you will pay.