Jonathan Vince
Interest-Free Hard Money as Needed Proof for SPECULATIVE Deals?
16 June 2017 | 2 replies
The HML agrees to very temporarily "put up" the remaining 80% ($372K) WITHOUT charging interest (via some official agreement that ensures I can't just walk away with his money), and a day or two before the auction, some kind of transfer occurs such that I can now pool all the funds together and print up a cashier's check to use as my proof of funds at an auction (whether pooled in my account, or his account, or an escrow account, or some other account?)
Carlo Michelotti
W-9s & 1099s: How do I pay contractors "under the table"?
3 April 2019 | 56 replies
Some percentage of you will want to ensure that you've included $530 per form as a business cost.Admittedly, the IRS isn't very fast at finding these things, but when they do find them, they are quite thorough.I just successfully negotiated a fine of Intentional Disregard plus associated interest from $35,000 down to $9,000 for my new client, but it still sucks for them and they are really wishing now that they had issued the forms.
Jason Moran
Lot line adjustments
10 March 2017 | 1 reply
Here's my concern:How do I secure/ensure that farmer 2 is going to actually purchase the back 7.5 acres once I've purchased the entire property?
Matthew Hodge
Applying the 2% Rule to Improvements and Additional Items
15 March 2017 | 3 replies
For our area, since we only have 2-3 months of really hot summer, central HVAC isn't as important as ensuring good heating supply during the winter.
Jessica H.
First-Time Landlady: How to collect rent from cash-only tenants?
21 February 2018 | 55 replies
I'm wondering about how you ensure you're getting a paper trail of the deposit from a specific tenant.Much appreciated!
Joe Rudi
Property Manager Didn't Get Tenant's Social Security Numbers
26 October 2022 | 22 replies
It's hard enough to have collections pan out with that information, and if you don't have some sort of way to ensure that that stays on the tenant's credit you're throwing noodles at the wall.
Bart Clubine
CPA recommendations - St. Louis, MO
22 February 2018 | 3 replies
With it also being an investment property cash flowing right off the bat and doing renovations in the 2017 year, I feel it would be worth while to hire a CPA to ensure I have all my deductions covered.Does anybody have any recommendations for a real estate friendly CPA in the St.
Larry Flanagan
Would you VRBO your primary residence?
2 March 2018 | 11 replies
You can give them a small cut of your profit and your Guests will be ensured a clean home upon arrival!
Ned J.
Picking my next tenant
2 November 2017 | 18 replies
I've included my lease language below to ensure you get the fees if they are late, and the language that should hopefully limit the lateness altogether.
Rob Beardsley
My Morning Routine + Goal Setting
2 November 2017 | 0 replies
Instead, plan your day out to ensure you get to those high leverage activities that will get you where you want to go.