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14 November 2024 | 9 replies
@Carrie Lane you'd have to prove the PMC directed the pest company to add the screens.Otherwise, you'd have to go after the pest company.Not sure what you would actually win to make it cost effective.
13 November 2024 | 4 replies
It first appraised for $330k which I challenged as I had better comps, but it's rare to win one.
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12 November 2024 | 7 replies
Since your place is already furnished you can test this out pretty easily by changing the minimum stay to 30 days.
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15 November 2024 | 6 replies
You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.
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14 November 2024 | 8 replies
There are other free services out there as well.If you only have a couple units and that is all you want and you never plan to hand off property management then you can probably just collect checks and have tenants text you.Personally I don’t like tenants texting me issues, they are too easily missed or forgotten about.
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13 November 2024 | 1 reply
Seems like you could very easily come out wasting thousands before even having a set plan in place.
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15 November 2024 | 13 replies
When we make little slip ups, as we might easily do, a lawyer might use those to “pierce the corporate veil” and go after us personally anyway.
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15 November 2024 | 7 replies
We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.Ensure it's simple enough for you to easily abide by the structure in your day-to-day operations (which your question is getting at).We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).
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5 November 2024 | 29 replies
You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.