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4 March 2018 | 5 replies
If the tenant "abandons" the unit based upon facts (no notice in writing, but all non-trash personal property removed, utility changed billing, , etc.), I advise writing a "Notice of Abandonment" letter to the tenant that is mailed and emailed to last known address.
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12 March 2018 | 6 replies
So far I have 1099, Advertising & Marketing, bank charges & Fees, Capital Expenses (for remodels) Car & Truck, Contractor, depreciation, donations, Employee benefits, insurance, interest paid, inventory assets, job supplies, legal &professional services, loans/points, meals & entertainment, office expenses, Rent & lease, repairs & maintenance, salaries & wages, taxes & licenses travel, utilities.
7 March 2018 | 4 replies
I would budget a little more money for utilities, because if your property is vacant, utilities get switched to you, which you should keep up for at least property showings and such.
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2 March 2018 | 4 replies
Find out who is paying the utilities; gas, water, electric, etc.
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31 May 2018 | 3 replies
I am currently managing a flix and flip in Oakland County (about 30 minutes north of Downtown Detroit) with my partner and have a team assembled.
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3 March 2018 | 7 replies
I was interested in single family or small multi family real estate utilizing a buy and hold strategy with decent cash flow.
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2 March 2018 | 0 replies
Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the time and dropped it to $1500 for a 12 month lease with all utilities included, she purchased a electric charging vehicle less than two months after moving in so obviously taking full advantage of all utilities included.Two months ago, she had a boyfriend stay with her and told me that it was temporary while he is looking for a new place.
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2 March 2018 | 0 replies
Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the time and dropped it to $1500 for a 12 month lease with all utilities included, she purchased a electric charging vehicle less than two months after moving in so obviously taking full advantage of all utilities included.Two months ago, she had a boyfriend stay with her and told me that it was temporary while he is looking for a new place.
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2 March 2018 | 3 replies
They have a responsibility to ensure transfer and/or cancellation, just like they would with utilities.
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5 March 2018 | 4 replies
Additionally, I am currently in negotiations for a three unit comercial/retail property using bank and seller financing.... units five, six and seven... checkwhich means that 8 weeks into the year I was already well past the half way point to my goal for the whole year!!!...