Nina V.
Insurance rates on long term rentals
13 June 2024 | 3 replies
It's going to be nearly impossible to ballpark based on what others might be paying.
Andreas Mueller
Government has taken a permanent intellectual vacation. More Inflation is Coming.
12 June 2024 | 4 replies
And debt in one thing means you can’t pay as much for other things.
Graham Northrup
Colorado or Federal accomodations for tenants with mental health issues?
13 June 2024 | 4 replies
She paid rent late twice in a row with a bunch of excuses and she wanted me to evict the PAYING tenants upstairs, um no.
Kim Harlow-Williams
Residential Real Estate Location Metrics Evaluation Spreadsheet
13 June 2024 | 6 replies
I look at the vehicles, are they 20 year old economy cars on their last legs, or are they newer vehicles that people are making payments on at a legitimate car dealership vs a buy and pay here joint.
Nathan Gesner
How much reserve should you maintain?
12 June 2024 | 9 replies
The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.
Corbin Grimes
Calculators/Excel Templates for Flippers
13 June 2024 | 11 replies
Happy to pay for this great sheet if I can get a sense of what it includes above/beyond the other version.
Mike Maloney
What banks are best for depositing security deposit - MASS
12 June 2024 | 4 replies
I am looking for a bank that holds tenants security deposits and automatically pays the interest directly to the tenant annually, see the rest for description.Hello, I am a first time property owner and am trying to figure out where it is best to deposit security deposits, I am aware that it must be deposited in an interest bearing account per MASS law but also the tenant needs to receive the interest annually and I do not want to have to manually perform this task.
Wai-Ming Lau
Multi-family building, existing tenants vs vacant?
12 June 2024 | 6 replies
I recently bought a 4plex and I was told one of the 4 tenants did not always pay on time, so no surprise in my first month there was, you guessed it, one of the tenants did not pay.
Matt W.
Help me understand depreciation recapture!
12 June 2024 | 8 replies
You recover and pay ordinary taxes on the depreciation you took, or should have taken, and then you pay capital gains on the profit.
Jake Brooks
How do you screen your tenants?
12 June 2024 | 3 replies
We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.