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6 June 2020 | 6 replies
Owner draws are really an accounting category (I think there is a more technical term for it).I see your other companies are taxed as partnerships.
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13 September 2020 | 23 replies
Anything under four units is not commercial, so it sounds like the property right now is not technically commercial, but after you make the changes and there are 5 or 6 units, then that would be a commercial property.
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9 June 2020 | 7 replies
There is plenty of material published regarding background searches on SS#s, criminal and sex offender history, judgments and liens, prior evictions, etc ...But ... what if there were an additional tool?!
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11 August 2020 | 5 replies
I use it for both collecting rent as well as sending out credit/background checks to tenants.
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9 June 2020 | 6 replies
If you don't have a billion dollars, saying you want to make a billion dollars is like saying you should work on a cure for cancer with no medical background.
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13 June 2020 | 15 replies
Always do a background/credit check, call their last two landlords, collect a security deposit, have a formal lease, call their employer to verify income and to get an idea of how they perform at work and be extremely clear in your standards.
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8 June 2020 | 6 replies
So, barring any state moratoriums on evictions (of which there are plenty right now), technically, you can still evict for other violations of the lease not related to payment of rent.
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7 June 2020 | 4 replies
.), what each of those options offer as far as advantages and disadvantages, etc.2) How to find good resources to help you find investments (seems like real estate brokers is the way to go, but I have absolutely no clue what to look for to find a good one as far as their background, let alone where to even look).3) What websites, companies, and other resources are good to utilize.4) How attorneys are involved, how to get them involved combined with brokers, etc.
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8 June 2020 | 8 replies
If one moves out and they find another roommate, that person must meet full background and qualifications before moving in.
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8 June 2020 | 5 replies
@Ashley Knodel I think technically without a tub it is a 3/4 bath, but still better than a 1/2 bath.