2 July 2024 | 8 replies
It seems to me like the hourly rate will cost you more in the end than a % unless you’re talking about a multi unit property with much more income.
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1 July 2024 | 7 replies
The list of section 8 tenants is larger than available units, so if you find tenants who meet your criteria, go for it!
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2 July 2024 | 2 replies
So before you start dropping the list price, see what the comps LOOK LIKE and ask yourself if yours is in the same ballpark.
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2 July 2024 | 5 replies
This company offers a list of top-performing cities, including several in Florida.
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30 June 2024 | 5 replies
I'm not talking about the housing market, I'm talking literally, it's hot outside.
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2 July 2024 | 8 replies
Some big ones that you guys can talk about before getting lawyers/CPAs involved to see if you are in agreement are things like identifying key decision rights and determine who has those if there is a disagreement (leasing decisions, refinancing, sale, choosing a property manager, scope of capex and renovations, etc) and determining profit/distribution splits.
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2 July 2024 | 24 replies
Hey Kevin I would love to be added to your wholesale list.
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2 July 2024 | 3 replies
Never invest in any city with static or declining population.Crime rates: Never invest in any city on this list: Mapped: The Most Dangerous Cities in the U.S.Operating costs: The best indicators of operating costs are state income taxes, homeowner’s insurance, and property taxes.
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1 July 2024 | 22 replies
Talk soon!
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2 July 2024 | 10 replies
This is my opinion as a CPA who has prepared hundreds of income tax returns for both individuals and businesses with rental properties.To answer your question directly, you report the rental income you ACTUALLY received.It does not matter what you advertise as your rental listing price.