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14 November 2024 | 8 replies
It's free, handles rent payments/reminders/late fees, maintenance requests, some reporting (e.g., P&L), tracking expenses and income, rental listings, lease signing, etc.
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14 November 2024 | 5 replies
The LLC has to do the 1031 exchange because that is the tax return reporting the activity of the property.
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13 November 2024 | 4 replies
This is the best way to ensure that you know exactly what you're purchasing.And most of the time, you can use the findings of that report to reduce the purchase price/get a credit at closing for way more than the ~$400 inspection report.
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15 November 2024 | 13 replies
That also means that we can start building business credit, which does not report on our personal FICO scores.
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13 November 2024 | 3 replies
And they do a fantastic job on the inspection, report, and in-person summary as well.
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16 November 2024 | 24 replies
It's there in the title report if you look closely enough.
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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14 November 2024 | 24 replies
Quote from @Lizie Pilicy: I'm considering investing with Kris Krohn and stumbled on a few BP threads.I'm curious to know anyone who actually has experience with Kris could chime in with reports of ROI, etc. and if investments are still healthy and doing well?
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11 November 2024 | 12 replies
In addition if you use a title company or lawyer to handle the closing then they are legally required to report the sale to the IRS etc.
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13 November 2024 | 7 replies
We can implement the plan and supply weekly construction reports.