7 July 2018 | 2 replies
Even when accounting issues are in your favor, the time and energy to deal with a Section 8 office to straighten out their error can be costly.#4 Strict and Costly Inspections: Properties qualifying for Section 8 housing must pass strict inspections, often making it easier to rent properties to private pay tenants.The rehab of Section 8 properties can be more expensive because of the strict standards, with the best rehabbers often failing the 1st inspection of a Section 8 property, which again makes the Section 8 program unappealing to investors.
17 June 2024 | 3 replies
The custom builders in the area are very competitive and are offering pretty inexpensive builds vs comps.If the lot was purchased recently for 20K and the turn-key cost to build is $200K, after I close on the house (bank said appraised value would be 220K), would a new buyer have problems with it getting appraised over $220K even with other comps selling for 300K+?
12 September 2017 | 16 replies
Not getting emotionally attached is hard, especially if you are house hacking and moving out of properties that you've put a lot of time and energy into to turn them into rentals.
22 September 2019 | 29 replies
Forth Worth seems to be a great place to start a business and I've noticed a lot of entrepreneurial energy is there.
24 May 2020 | 10 replies
You need to pump the brakes on yourself or your anxious energy will trickle through to your agent and then to the buyer's agent and then to the buyer.
17 August 2019 | 20 replies
In the time it takes to solicit people for backlinks, you could put the same energy towards building your brand, getting PR, and earning backlinks at the same time.
26 August 2019 | 14 replies
Custom BP brand at home depot.
20 November 2019 | 5 replies
Are you finding that to be the case or does your portal still allow you to create custom audiences?
20 November 2019 | 2 replies
You will not find customers sitting in the office or sitting at home.
15 December 2019 | 9 replies
It will save you time and likely make your accounting at tax time cheaper.As for structure...I would use a separate class for each property so you can do simple table reports by property.I would structure your customers as:- Property = Customer- Unit = sub-customer of Property- Tenant = sub-customer of UnitThis will allow you to see revenue at each level and determine income as well as missed rents at various levels.Also, depending where you are operating, you may need to create custom tax accounts for any sales tax collected or paid (typical on commercial units) as I find QBO doesn't handle sales tax very well (at least in Canada).Hope that helps a bit!