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Results (10,000+)
Hira Y. Property manager still charging landlord after the PMA is over.
6 January 2025 | 12 replies
Property manager (PM) 's lawyer continued the case to get the unpaid rent from the tenant.PMA between landlord and property manager(PM) has also expired so landlord got the property back , but when landlord requested to settle the account and the deposit( there is one month deposit from landlord also), PM refuses since the lawsuit is going on with the tenant, Additionally PM is still charging the monthly property management fees from landlord even though landlord is managing the property.Landlord is done dealing with PM and requested the PM to withdraw the lawsuit against the tenant ( landlord is aware that he will loose 2 months rent), PM came back saying they cannot withdraw the lawsuit since that will violate fair housing law.QUESTION:Does withdrawing unpaid rent case against the tenant violate fair housing law ?
Joseph Beilke Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.  
Jeffrey Mair Seeking Advice to Buy in Expensive San Diego Market
2 January 2025 | 4 replies
Here are a few ideas to explore that might help you get closer to homeownership in San Diego without selling:Cash-Out Refinance:Refinancing one or both of your El Centro properties could free up additional cash for a down payment without selling.
Noel Coleman Unlicensed & Uninsured Contractors
6 January 2025 | 7 replies
If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.
Deborah Wodell How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Also, for flips, I like to reserve an additional 15-20% in contingency for unforeseen conditions or changes. 
Troy Smith CPA tax advice.
9 January 2025 | 11 replies
Additionally, most of the costs to make an asset ready for it's intended business use are capitalized and part of the cost of the asset. 
Robert Williams Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
Additionally, there’s always a risk that any pet-related damages could be hidden under furniture or otherwise concealed, potentially leaving us to cover the costs if the security deposit is fully depleted by other expenses (e.g., damages or unpaid rent).
Andy Sabisch Question on tenant smoking marijuana
8 January 2025 | 9 replies
feel free to @ me for any additional info.
Sunny Wu Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Even a brief consultation can clarify your legal standing and provide additional strategies tailored to Raleigh’s market.Have you considered asking other local landlords how they’ve handled early lease terminations?
Justin Silverio BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
Feel free to ask any questions here.In addition to a "Facebook community", how about a Slack channel?