4 September 2024 | 11 replies
She had a horse boarding/training business that apparently failed.
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1 September 2024 | 2 replies
What if the new tenant cancelled their lease because we failed to deliver a ready apartment to them?
1 September 2024 | 3 replies
When a tenant fails to pay, you ask them to leave, you tell them to leave, then you force them to leave through the court system.
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2 September 2024 | 17 replies
I've been looking into switching PMSs also, but I'd really prefer not to.It was recommended in a Facebook group to do this setting, but since my default min stay is 2 days I fail to see how this is any different.What seems like it should work would be a setting like this, where the min stay just before an unavailable day would be bigger than that amount of days.But this setting doesn't seem to make any difference on my calendar that I can see.
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2 September 2024 | 14 replies
Even if i fail, I'd still like to try because i dont want to regret it and whatever i need to do to fight my way to financial freedom, or least start, id be willing to do.
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2 September 2024 | 7 replies
Secured Debt: The land contract provides the seller with a secured debt, which can be a valuable asset.Risks for Sellers: Lack of Payment: If the buyer fails to make payments, the seller may face delays in recovering the property.
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2 September 2024 | 18 replies
@Stetson OatesIf you personally guarantee a loan it means you and everything you ownSo if xyz LLC fails to pay a loan and have a personal guarantee, that person can then Go after every other LLC and take assets from those (or anything personally you have - except possibly for homestead and specific items) - this is why we get personal guarantees on our loans we give out.
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31 August 2024 | 1 reply
Failing to make decisions leads to failure.
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31 August 2024 | 16 replies
So I've been doing my own taxes in Turbotax for 20 years now (I only own 2 rental properties but both were BRRRs), and I finally got stuck on something and went to a CPA 2 years ago, and he reviewed my past 5 years of returns and pointed out that I had made multiple mistakes (incorrectly categorizing repairs vs capex, calculating basis and therefore depreciation wrong, failing to realize that certain expenses for a home converted to a rental property start being deductible the day the property was placed in service vs actually occupied, the list goes on).
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31 August 2024 | 6 replies
I know in my failures, every time i failed it was because of not having a values alignment.