Eliza Khan
What exactly is real estate?
Real estate is land with permanent improvements, whether natural or man-made, including water, trees, minerals, buildings, houses, fences, and bridges. Property is a type of real property. This is different from priva...
Account Closed
Has anyone used "Positioning4Profits" before? It's like a CRM/lead generation tool but not sure if it's worth it
A colleague of mine showed me this today, it's basically a blend between a CRM system and a lead generation software but it's not clear exactly how it is generating leads.
The verbiage used in their marke...
Shyam Sah
Garage Rental Lease
Hello,I am renting a detached garage to a tenant for $100 a month. Can someone share their garage rental leases? I am not sure what terms to include and what not to include. I appreciate your help in advance.Thank you...
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Ricardo Diaz
Shared utilities from basement to first floor
Hello all . I have been thinking about this and haven't come up with a plan yet.
I have a first floor that gives power to basement . Gas no problem it's only on first floor. How should I put the rent on first floor ....
Colin Schleining
Project Manager for Rehab in West Los Angeles
Extensively renovating a SFH on the westside of LA that will be used for short term rentals. Looking for Project Manager/Construction Manager to oversee project - including securing GC bids, manage GC and oversee over...
Nadir M.
How Do You Handle Rent Collection & Payouts for Accurate Accounting?
Property managers, how do you collect rent from tenants, keep your management fee, and send the remainder to the owner without it reflecting as if you received the full rental income in your bank account?
Are y...
Chris Kendrick
Flip tax question
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Joshua Michael Hauman
The 19 Secret Expenses That Could Sink Your House Renovation Profits
Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
Bryan P.
50% rule
MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...