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15 September 2019 | 13 replies
@Justin Witt - A transfer most likely will trigger the Due on Sale clause (DOS) - and while in the past, in an environment of falling interest rates and prices might been a rare occurrence, like they say, past performance might not apply to future results, and with rates increasing and "aged" loans (where the bulk of the interest was already collected, since you pay most at the beginning part of the amortization schedule) the banks might be more interested in collecting on the DOS clause and redeploying the money at higher interest (especially if the valuation of property makes for an easy sale in case of foreclosure).
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10 August 2019 | 13 replies
@Dennis Gallof I use TurnoverBnB to manage my cleaning schedule and AirGMS to handle my auto correspondence.
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1 September 2019 | 22 replies
Have an agenda-schedule to go and meet the boots on the ground team including Realtor, Property Management, lawyer, partner, etc.3.
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23 August 2019 | 14 replies
Only when all that is done will the inspection be scheduled, and then it doesn't mean much.
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25 September 2019 | 26 replies
Looking for suggestions on how to monitor his progress from a distance making sure he even get to the job-site.I found the GC through the PM I hired with understanding they will check on him periodically which doesn't seem to happen as often I expected (what I discussed with them originally) and they obviously don't seem to have any influence on him sticking to schedule...contract state the deadline but doesn't specify what happen if job is not done by then.I know renovation often go off schedule...at the same time it's hard to finish job without showing to the site!
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24 September 2019 | 5 replies
PM as a schedule C would expose your personal net worth to any risk in PM, which I see some above are saying is small based on your tennants.
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5 October 2019 | 4 replies
Paystub, AGI from prior year taxes, Gross Rental Income, Schedule E from prior year taxes?
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15 October 2019 | 2 replies
Generally you want to separately list each unit of property in the depreciation schedule.
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3 June 2022 | 30 replies
Otherwise make sure you negotiate just as hard for the power purchase agreement.And you need to have a transferable power purchase agreement that will fold in easily to the new owner after your rehab.Since they are nt really forthcoming with information, I would be tempted to schedule a meeting with the company rep to get a free estimate on a system for another property just to get a copy of what they typically pay out for power, what they charge, if they are a direct buyer or the local utility is involved, etc.
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10 July 2015 | 5 replies
Some bring the cash to our front door, more have us come get it at their front door, and both involve texts back and forth to coordinate schedules.