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.
7 January 2016 | 3 replies
The tax sale is moving to an online format and there are some new laws associated with delinquent taxes in the county that will be discussed.
8 January 2016 | 1 reply
Just get a notary license for your state, get signed up on a notary directory like 123Notary.com, get bonded, a background check through American Association of Notaries ( I say suggest them because many of the signing companies request specific places to get a background check and A.A.N. are the most mentioned), get a fast printer that can print legal sized paper (preferably a 2 drawer printer) and scanner, and an Errors & Omissions Policy (E & O) and get ready to go to work.