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25 September 2018 | 5 replies
However, if they wanted to justify it, I'm sure the justification is that renters cause more problems than owners; renters tend to live then shorter periods of time and there are expenses when someone moves in/out such as extra trash pick-ups, programming them into an entry system, cleaning costs as the move in/out can be messy around the building, light damage to the building, scheduling of the freight elevator, cost of providing additional notices as now the tenant and owner need to receive copies, etc.
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14 September 2018 | 4 replies
Second, when it comes to utilities in multiple real estate building can you get a better deal on utilities or does it stay the same?
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15 September 2018 | 3 replies
He’s currently receiving $750 each unit w/ utilities included (rents vary from $850-1000 w/ utilities based on location in town).
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18 September 2018 | 6 replies
It doesn't seem like a ton of money, but owning this one is definitely slowing my progress toward picking up actual money-making investment properties.
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11 July 2021 | 16 replies
However, for someone out there who is doing the Air BNB think, and is looking to expand their business utilizing foreign VA's, and want to share resources then please send me an email.
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16 March 2022 | 13 replies
It does require self-employment activity, but has a lot of advantages: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
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18 September 2018 | 2 replies
Shellpoint should pick up their phone.
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15 September 2018 | 4 replies
If tenants are paying the utilities on the house I would not spend the 800$ let them pay it
17 September 2018 | 7 replies
And will most probably add to your tenant's utility cost since most of them aren't very smart when it comes to efficiently run an AC.
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20 October 2018 | 7 replies
I use any rental income to pay for utilities, business expenses pertaining to the house, etc.I plan to open a new bank account for the Philly house for expenses/income but can it be the bank I use here, or has to have a Philly location?