Paul Hormann
Christmas presents for tenants?
1 January 2016 | 40 replies
Or if they win the monthly prize a $20 max ( including tax) prize is a good incentive, including the "thank you for being a great resident / tenant" is also proper to include.Christmas is be about caring / sharing and giving back to the people that basically give you your income.
Mardochee Pierre
In need of a NYC licensed contractor for plumbing work
23 December 2015 | 0 replies
My friend asked me to reach out because the contractors he has now are doing a terrible job and don't have the proper permits to finish the job.
Brad Smith
New Water Line
2 January 2016 | 25 replies
Put a plug in the end so you dont push it full of dirt while installing it.OR drill thru with hammer drill.
Carissa Grant
Debt to Income Ratio for investment properties
24 December 2015 | 20 replies
I was a newbie, I did not know how to screen or evict tenants properly, and my tax returns showed loss after depreciation.
Rocky V.
New $6K Aerobic System installed at wrong home
23 December 2015 | 0 replies
Unfortunately, for this company, they installed a brand new aerobic system next door (vacant property).
Account Closed
Real Example of the 50% rule; need clarification
28 December 2015 | 2 replies
IMO and experience the 50% rule is overly conservative - - I use 30% of GSI as a boundary to determine if the property is being managed properly - - lower indicates inaccurate data and higher indicates obsolete fixtures and equipment.
Hernan Guelman
Sindicator vs DYI
25 December 2015 | 15 replies
Second this post is not in the proper forum.
Curtis Fergus
looking for a local bank in Salt Lake City, Utah
30 December 2015 | 7 replies
It's a credit union perched just on the edge of crazy downtown proper, so if you're headed into SLC and need to grab some cash, it's easy to do on the way in.
Alex Chen
What's the best way to structure asset protection in California?
24 December 2015 | 11 replies
@David Tipton you are absolutely correct on the single member LLC. vis a vi the corp veil.. one reason to have proper G L insurance.. on my 27 homes subdivision I am building in Portland right now.... it cost me 40k for 1 million in coverage for the 10 year warrenty period. and we bought that basically only for cost of defense.I am just about out of the land lording game.. and can only go on my 30 plus years of owning the dog gone things.. and I have never been sued by a tenant.
Tiffany C.
Deal or No Deal? Lease Option or Sub 2
4 January 2016 | 6 replies
If you wanted to own the home yourself, then you must use a form of owner financing, which include subject to, land contracts, deed installments, mortgage wraps, or if they own the home free and clear, they can create a promissory note and a new trust deed, where they are first lienholder position on the deed.