Joe Kim
$200,000+ rents in 1 year - 10X cash flow
25 August 2019 | 108 replies
.#2 You have 6 units and gross 200k.
Michael Baffuto
Union city, New Jersey buy and hold
3 January 2021 | 31 replies
Say each unit rents for $1,000 x3 = Gross rent $3,000.
Scott Nguyen
Start a LLC for each property
4 December 2018 | 9 replies
You do not need a LLC as long as you have adiquite insurance provided you do not have employees.
Frankie Betancourt
How do i get a loan without a job?
17 December 2018 | 10 replies
Shazam you will go from unreliable employee to entrepreneur independent contractor overnight!
Jisel Campos
Leveraging my time. Best way to be and stay effective in RE?.
27 December 2018 | 19 replies
On the left side of the doc are tasks/areas you should create specific systems around to delegate to VA's employees to free up your time to handle the right side of the sheet.
Jason Schatz
Schedule E vs. Schedule C - Rental Business
27 December 2018 | 4 replies
My wife is a salaried employee, so that is obviously always w2 income reported.
Jennifer Jackson
Potential tenant has bad credit and a DWI
27 June 2019 | 58 replies
To qualify "higher risk " tenants, we would ask for a double deposit, income needed to be 3-4 times the gross rent and the tenant had to show a verifiable good rental history for the past 4 years.
DJ Cummins
any buyers looking at the Illinois side of St. Louis? Madison Co.
29 November 2018 | 10 replies
. $130k with a gross income of $2050.
David Sisson
Required income for tenant - gross or net?!?
10 January 2019 | 5 replies
But should this be NET or GROSS income?
John P.
Memphis Property Management Fees
22 October 2018 | 2 replies
Fixed percentage per month which is now 8% for having more than 10 houses; 75% of gross first month's rent; 15.9% mark up on service; $200 annual admin fee (one for whole portfolio); $175 for renewing 1 year lease or $225 for renewing 2 year lease.The 75% seems high for Memphis and the $200 admin fee is bothersome to me.They keep all late fees paid by tenant.