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6 August 2015 | 3 replies
They're super simple and provide a great way to analyze deals on a level playing field, however in the last week that I've been a pro member and taken advantage of these (mostly the rental property calculator) I had some thoughts that I figured I'd throw out there.1) When looking at deals that you have previously analyzed there should be the pertinent information displayed on the screen.A) Name of DealB) Address of DealC) Date of AnalysisD) Purchase PriceE) ARVF) Total Initial EquityG) Monthly Cash FlowH) Monthly Cap RateI) NOIJ) Total Cash NeededK) Cash on Cash ROIL) Status of Property (see comment below)In addition to this information being displayed on screen you should also be able to sort ascending or descending by any one of these values.
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16 August 2015 | 8 replies
Goes to show you having a good screening process and collecting a solid security deposit goes along way.
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1 June 2016 | 5 replies
This is the primary reason when screening applicants to not only insure they can afford the rent but also if they default you can collect.
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13 June 2016 | 8 replies
You want to be able to supply them with online access to their account (not available in QB), ACH payments (not in QB), and hopefully you are screening your tenants (not in QB).
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15 October 2016 | 15 replies
I think they won't complain as long as I screen my tenants carefully, but if they do I will probably try selling on LC as my backup strategy.
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12 August 2016 | 26 replies
Door Option 1 (on the elevation)Door Option 2 (on the side) Only if you replace the screen door.
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28 November 2018 | 23 replies
Create so many confusing, conflicting, economy damaging, business hamstringing, unnecessary and generally harmful regulations that it is IMPOSSIBLE for anyone to be in compliance!
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21 December 2016 | 11 replies
I would inquire about rates from local credit unions and local banks and screen the ones that will probably offer better terms before applying and taking the hard check to your credit.
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17 August 2016 | 1 reply
Each of the below list is actual dollars spent by area, my contractor broke down his bill/quote so that I could more easily allocate costs for depreciation purposes (among other benefits of knowing what I am sending by room).I would like to be able to depreciate each of these expenditures of 7 years but I am not sure if I am allowed to (with the consequential answer placing these depreciation dollars into a 27.5 year bucket):Screened in Patio: $4,798 - we are destroying a room and turning into a nice screened in patio.Bedroom renovations: $7,888 - updating bedrooms with new drywall, removing and replacing ceilings, light fixtures, building additional closet space, paint, trim, etc.Entry way: $4,308 - the shared entry way is a mess right now.
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16 September 2016 | 8 replies
It's not just the well that you have to worry about, but the casing, the sample tap, even the vent and vent screen.