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16 December 2015 | 2 replies
Bill,I also have someone who is great.
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16 December 2015 | 2 replies
Long story short I had a very hard time finding a stable job that could barely cover what my bills were.
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16 January 2016 | 9 replies
Requiring "contractor review" essentially saying I need 3 days with power to walk through with a contractor.If you are talking about for the lender etc, that will be up to them.Looking at your legalize (and I am no lawyer by any means and not offering any advice) but I read it as to say he can't tell you he is a certified home inspector and you couldn't go around selling his services as one.
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17 December 2015 | 2 replies
A principal is someone who has the capacity, powers and authority to sell (or buy from you).
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21 December 2015 | 10 replies
Be careful of what Bill Gulley was referring to with your advertising.
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18 December 2015 | 12 replies
@Bill Exeter I looked it up and you're right, that strategy would only qualify for a partial exclusion due to the proration you mentioned.
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17 December 2015 | 10 replies
Received a letter from them stating they will have it replaced if I don't fix by a specific date (yesterday).I sent my plumber there, he ran it and his official opinion is that the dishwasher is working fine, and the tenant should try a different soap.The tenant called again, is still not happy with the dishwasher.Ugh.My thought is to send an official letter stating that the unit was professionally inspected and the recommendation is to change soap, and also further visits will be billed to tenant at $XX.How do you handle these matters?
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20 December 2015 | 10 replies
Tenants were paying their bills online and my books were transitioning (slowly) from red to black.
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19 December 2015 | 7 replies
Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical
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4 September 2022 | 12 replies
This includes the municipal address, and also the mailing address where they send the tax bill.