JC K.
Water Meter Brand/Model Recommendations for 30-Lot MHP?
28 November 2017 | 6 replies
If you go with a submetering contract there is a standard 3 year contract, but you can also get out of the contract earlier with a buy-out fee of $1,500 during year one, $1,000 during year two, and $500 during year three.
Megan Westerfield
Excited for a 1st Investment - Seeking Advice!
25 November 2017 | 9 replies
I know excitement is one of the most dangerous feelings in real estate -- but man, is it tough to not get excited when you run the #'s and finally one makes sense :)Financially, we can't handle 10% down for duplex, closing costs, fees, inspections etc. - so we're going FHA and thus will have to occupy one of the spaces.
Byron Bohlsen
Garage Door Hit Tenants Car
21 November 2017 | 11 replies
Following this, Inform the tenants that you had the garage door checked and it works properly.This way, you have evidence that the door was functioning and it was simply user error.Typical service fees are relatively low; shop around locally and on CL.
Wendy Black
Need Advice on Strategy
22 November 2017 | 4 replies
PITI is $1115/mo, the HOA is $365, and our management fees are about $160.
David Frey
Navy nurse in San Diego... tired of renting (newbie).
11 December 2017 | 17 replies
So far, Navy Federal has pre-approved me for $500K loan at 3.625% with a 2.15% VA funding fee.
Jehan Jaleel
Should I get the lease from an attorney (NJ)?
24 November 2017 | 5 replies
For some Landlords that can be the finders fee for a PM finding a tenant..I manage 1 property myself and other properties I have a Property Manager.You can find leases online a including here in BP.
Account Closed
what do you think of these HML junk fees?
21 November 2017 | 16 replies
Recent quote from First American for a refi around the same loan amount: Escrow fee $595.00 - includes recording feesTitle fee $450.00 (short form policy)Notary fee $150.00I like them because they don't change a dozen different fees!
Jasmine Vigo
Do NOT KNOW WHERE TO START
26 November 2017 | 9 replies
If you are looking to start in MF's you can do it yourself, be a bird dog and find properties for other companies and get a referral fee or wholesale, try to partner or work with a company doing MF.
Andrew Merritt
Details and Questions on my 2nd REI Purchase
30 November 2017 | 6 replies
Reviews go a long way.If this is a rental, are you going to charge a monthly access fee for the solar in addition to rent, and let them handle the utility bill, or are you going to cover all utilities?
Sean Williams
Black Friday Appliances for Rental - Best Accounting Method??
30 November 2017 | 14 replies
The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by invoice.Note: The cost for the Unit of Property includes additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.Eg:A purchases 100 printers at $500 each for a total cost of $500,000 as indicated by the invoice.