Kelsey G.
MA-Can you take a security deposit when someone resigns a lease?
28 December 2018 | 2 replies
In Massachusetts - We purchased a 4 family house and one of the tenants did not have a security deposit.
Joel Owens
Retail Omni Channel Marketing Bricks/Online - Wave of the future
24 December 2018 | 3 replies
It will cost more money for them to implement the sales collecting and tracking software.
Luis Pineda
New Member from Southern California
31 December 2018 | 9 replies
A few years ago I graduated from San Diego State with a bachelor degree in Criminal Justice and also got my master's degree in Homeland Security.
Jesse Phillips
Tax benefits ifits to Multiflamiy
23 December 2018 | 10 replies
Since you would have more units, you would have more scale on depreciation of appliances and improvements like a parking lot or security lighting that you may not have on a SFR.
Melissa Dinas
Do utilities NEED to be turned on?
22 December 2018 | 21 replies
Other challenges: Tough to plug in security cameras without power, right?
Anita Ahuja
Turning a flip into a rental
24 December 2018 | 14 replies
After doing the math w the BP software, I basically need to buy the house at 285,000 to be able to break even, recover my money and carry the loan.
Angela Miller
Calling Cen NY!! Financing & Neighborhoods in Central NY-Syracuse
29 December 2018 | 10 replies
It's not the right way to get things done but it only helps both parties. from investopediaThe FHA does not require the repair of cosmetic or minor defects, deferred maintenance and normal wear if they do not affect the safety, security or soundness of the home.
Daniel F. Harb
Did I Mention I HATE The Stock Market?......
24 December 2018 | 70 replies
I started a Partnership with some friends and relatives who mainly are Stock Market Investors.The purpose of the Partnership, in this case an LLC, was to purchase a $1.5 Million 3 Family in Brooklyn, All Cash.3 months ago I told everyone to pull out their cash in the Stock Market.They completed their stock sales a few weeks ahead of the Market falling off the cliff.I then closed on the 3 Family at a very good Price, collected a $40k buyer's commission as I am also the Buyer Broker, and just finished renting the 3 Units, signing the last apt lease in a few days, getting approximately $6k per month in Cash Flow for the 1st year.Not only that, I am securing an Investment HELOC at a 50% LTV, so roughly $750k, which I can use to investing in the Stock Market.I had already anticipated the fall of the Market as the inevitable Corporate Tax breaks had to wear off eventually.There just isn't enough consumers that benefited, in my opinion, therefore Corporate Revenues cannot increase and profits has to either stabilize as the max Corporate Tax breaks levels off.Really, only one way to go.I am anticipating the decline to last for a while.As an Trader, however, I will eventually buy long term growth stocks but also hedge it with PUTs in case I get in a bit too early.My friends and relatives are ecstatic as they probably saved a decline in their net worth by as much as a $1 Million.BTW, there is an old saying, "It is easier to make the 1st Million than it is to keep the 1st Million."
Iani Piha
Basics for Rental Properties
28 December 2018 | 2 replies
If you ever have any questions about student housing or landlord software, I can be a great resource!
Michelle Shriver
Our first Single Family Rental!
21 December 2018 | 0 replies
We got all our rent and the security deposit 4 months later and she moved out.