David Vesta
Is this Wholesale Overkill?
17 August 2018 | 3 replies
I want to know from other investors, especially ones that work with wholesalers, if what I am planning on providing investors is overkill.Once I have a signed PSA, I plan on:paying for a title check (to make sure the title doesn't have any unexpected liens)scheduling a home inspectionhaving a general contractor provide a renovation estimate (labor & materials) for both a fix-n-flip and a rental renovationAn ARV appraisalI am planning on compiling all of this information, along with a copy of the PSA, a full RentFax report, pictures of the property, and a video walk-thru into an "investor packet" that will be emailed to my investor list.
Mélida Maldonado-Pérez
Bronx Newbie Investing in Multi-Family Rentals
28 August 2018 | 5 replies
I’m curious about your experience renting. you can...i basically just found a really responsible relative and convinced them to move into our upstairs apartment for the same rent they were paying at their old place. twice the size and much more beautiful. we figured it was best to charge less than market rent and have peace of mind with someone we knew to be responsible than to try to charge market rate and play russian roulette with tenants in the Bronx.
Luke Naylor
Rental accounting/bookkeeping - QuickBooks or something else?
14 January 2019 | 15 replies
To name few features, you can connect your bank & credit card account(s) to QBO to automatically download the transactions daily, set up rules for any recurring charges, setup recurring transactions (ie invoices to tenants), sent out reminder (individual or batch), accept online payments (cc & bank) which can be tenant or landlord initiated, track multiple income sources (ie. flip, rental, wholesale), track individual properties, charge tenants for reimbursable expenses, track 1099 contractors (and e-file tax forms), and create a budget.
Tianyun Zhang
Need help to compare two deals
17 August 2018 | 17 replies
Does Ypsi really charge separate taxes for each side.?
Joseph Garner
Buyers closing cost
16 August 2018 | 4 replies
What is a typical percentage I should be charged?
Cristan Ball
Purchasing home with 2 units on 1 meter
15 August 2018 | 1 reply
Option 2: Charge the tenants after you receive the bill the following month.
Marian Smith
Is charging by the hour a common way of bidding wall repair?
16 August 2018 | 1 reply
They charge by the hour sometimes I hear.
Harvey Yergin IV
Acquired property with existing tenant - security deposit?
16 August 2018 | 8 replies
If you can't prove that the tenant made the damage- you can't charge her.
Travis Howser
Property Management Fees and Commissions
23 August 2018 | 6 replies
There are ways to off set the fee, charge pet rent (I charge $250 non-refundable and $50/month per pet), some tenants have two dogs and pay $100 a month extra.
Elijah Glenn
How do I get investors their $5000 back?
18 August 2018 | 21 replies
It depends on your family, but in my case, we're really close so they don't charge me interest.