30 November 2016 | 7 replies
Future notices must be done by someone of legal age not associated with the action); 2) leaving a copy with a person of suitable age and discretion and sending a copy through the mail addressed to the resident; or 3) affixing a copy of the notice in a conspicuous place on the premises and sending a copy through the mail addressed to the resident.
23 October 2016 | 8 replies
I think once I understand more of the terminology associated with the case files I will be able to hone in on property that will likely be sold soon.
21 October 2016 | 8 replies
If everyone pays the same amount, the association is bringing in $770 a month.
3 November 2016 | 7 replies
Thanks in advance,Matt Matt,The best group is the East Bay Rental Housing Association - it's made up of East Bay landlords.
24 January 2018 | 16 replies
SHARC the homeowner's association is definitely a huge plus for anyone wanting a vacation home for themselves, short term rental, (Vacation Rental) etc.
11 October 2018 | 4 replies
I own 2 condos, so I love my associations.
11 February 2019 | 3 replies
What about the closing costs associated with with purchase: appraisal, origination fee, etc...
22 September 2016 | 24 replies
Really no such lists exist in Canada, despite what some companies or REI associations may try to tell / sell you.
1 January 2016 | 9 replies
I have arranged with the head of the Genesee Landlord Association (In Flint, MI) to attend some meetings.
15 January 2016 | 19 replies
But if you're flipping here's some of the common general ledger accounts you will need.Revenue:Rental Income (in case your rent it before you flip)Sale Income (sales price when you sell it)Expenses:RET (Real Estate tax expense)Insurance ExpenseHOA Expense (if applicable)Interest Expense (if applicable)Depreciation expense (if carried over multiple years)Assets Fixed Asset - Building/home/condo (whatever you purchase), this should include all the costs associated with the purchaseFor your rehab, anything that essentially increase the value of the property should also be capitalized as a separate fixed asset (i.e. new stainless steel refrigerator, tile, new vanity etc) Inform your CPA as each will have different depreciable lives per MACRS, and this will be important if you carry for your flip over two different tax years.