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14 January 2020 | 1 reply
So you may want to take that into consideration when you're deciding on a platform (one that offers different forms of support; email, phone, chat, 7-days a week).Aside from providing the basics, some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).
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22 January 2020 | 13 replies
The best part about is it you already have some experience to support it.
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18 September 2020 | 9 replies
They have more skin in the game then you do.Make sure you get clear title.
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16 January 2020 | 4 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
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4 February 2020 | 6 replies
ADDI provides down payment assistance as well along with classes, but they only support you to buy a single family property.
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17 January 2020 | 99 replies
It only happens because of the generosity of the members and sponsors supporting it.
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16 January 2020 | 3 replies
Approximately 0.00% of my clients with $3,000,000 or $5,000,000 in personal mortgage debt have the day-job income to support it, half of them had a conversation with me where I went over what choice to pick for Schedule E in cases where your CPA gives you a choice between a few options that are all allowed by the tax code.If you are buying cashflow positive real estate, your DTI will actually go down over time.
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17 January 2020 | 14 replies
Currently the market comps supports could sell for $245,500.
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16 January 2020 | 18 replies
Presuming you have a descent NOI on the property that would support a very occasional $200 expense, and you aren't worried about starting some sort of 'trend' with multiple tenants suddenly complain to get a new appliance, why not try and swap it out and appease the tenant.You win in more than one way... (1) the tenant quits complaining / you get peace and quiet, (2) when you raise their rent the next time they feel like you listened to their concerns and took care of them, etc (you buy some good will).
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24 June 2022 | 18 replies
Have you tried reaching out to AirBNB for support?