Mohan Deep
How to bill tenant for their water usage after they move out
Tenant was responsible for 100% of the water bill. We pay directly and bill the tenant. The billing cycle does not coincide with the tenant's move-out date. how do you deduct the tenant's share of water from their sec...
Jermaine Funchus
QuickBooks to track projects
I'm using QuickBooks to track projects. Does anyone have any recommendations to the most efficient way to track projects? Would anyone be willing to share their chart of accounts? I will list each project as a custome...
Thomas Yokum
Completed First Investment (BRRRR Method)
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $150,000
Cash invested: $100,000
Recently completed a purchase and renovation of a multi-family house in Cleveland He...
Tarek Emam
BRRRR Questions and clarity
Just need some clarity on the BRRRR model.Purchse price: $300,000Rehab: $100,000All in: $400,000Appraisal:$650,000Equity: $250,000For this example, lets say I put down 20% of the purchase price ($60,000) as a down pay...
Chris E.
Straighten a leaning garage
I have a leaning garage on a property I just bought this week. It seems to be leaning because the garage was built in front of a smaller work shop. Instead of building the garage and making a doorway in the back to co...
Angela Orecchio
We can move anywhere. Where should we live and invest?
We have the good fortune of moving anywhere in the US right now. We want to move to a small city that is growing and good for the BRRRR method of investing. What would be your choice and why? Thank you!Angela
Ignacio Val
how to secure rent
Hello, I'm renting my house for the first time. There is one interested person. I have asked him for the 50% of the security deposit to take out the rental from the market and reserve it to him. The lease will be f...
Account Closed
Portfolio Loans vs Secured Business Line of Credit
For those with an LLC and free and clear properties what is the better short term loans to use for flips. The hot buzz word seems to be portfolio lenders but is seems to be a clunky process with a heavy pre-payment pe...
Daniel Mendez
Diving into my 1st rental (DFW)- Input your Advice & Guidance
My wife and I are going to turn our primary residence into a rental. We are planning to manage it ourselves.We would live close by.I am currently reading and watching everything I can about landlording. Any advice or ...
Charles Oglesby
What to do about a smoking tenant after she leaves...
I have a unit that is coming available at the end of the month. During our inspection a few months back we could smell smoke in the unit. I am assuming that despite our letter she went back to smoking in the unit.My ...