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25 May 2024 | 2 replies
Hostaway said that the people they work with usually use their personal bank account or business account link to stripe.
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25 May 2024 | 14 replies
Personally, I prefer a new build over rehab just because you know what you've got on it, but it doesn't always make sense money-wise.
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23 May 2024 | 3 replies
., but it might make sense especially with Roth IRA or Roth 401k contributions.It gets tricky since you need a bona fide business to business relationship... doing other property management and / or handyman services helps create an arms-length relationship (and rise to Section 162 definition of being a business and not a self-dealing transaction).
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25 May 2024 | 15 replies
In my personal portfolio there aren't any pet restrictions = better tenants, higher rents, and tenants that stay longer.
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22 May 2024 | 20 replies
Clearly I'm traumatized.The lesson I learned is its not MY money to be cheap with, its the property's money which should come from its repair reserves fund.Now instead of having 1 person do it all and stress me out, I go straight to the specialist for the task.
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25 May 2024 | 3 replies
If the pest control could put a bait box at the outside front and back of your own personal townhouse, it would probably treat for all the mice in the immediate area, but I don't know if that's even allowed in a condo community.I would get a few other residents to bring it to the HOA.
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25 May 2024 | 7 replies
Unlike personal property, real estate also requires agreement on closing date, repairs, etc., so even if list price, cash is offered, another term might not work, so likely no way to hold a seller to sell until they actually sign an offer.
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22 May 2024 | 48 replies
I personally have a very strong reputation in the Detroit market as well as here on BP.
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24 May 2024 | 15 replies
Let's goo.No DTI calc on a DSCR :) also, you may want to consider refinancing your other investment properties into DSCR loans or a portfolio under an LLC to remove them from your personal credit…that should help your DTI/utilization/credit scores.
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22 May 2024 | 5 replies
Are you attending any networking events in person?