First post here :)
Quick question on how DTI is calculated for a salaried employee (paid every two weeks) who also receives bonuses/commissions.
I know that every lender will be different, but as I understand it one...
We have been experimenting with things like paying a $5 bonus for every 5* review and additional bonuses for 5* review streaks. Since we have 12+ cleaners on our team we've also been discussing a regular email/newslet...
Hi there!
1. What counts as income? Are bonuses included?Home Ready and Home Possible have Avg Median Income limits (Philadelphia $84K)- I meet this requirement if I don't include bonuses (from referrals and perform...
“How can you use real estate to build wealth? Most people don’t know it, but owning real estate can be a major step forward in creating and maintaining your personal wealth. You only have to know how to master the ar...
Hey allHas anyone successfully moved away from (or at least supplemented) the standard % fee for property managers in favor of bonuses and incentives that align the interests of the landlord and property managers? For...
The basis for cost segregation and the MACRS approach (The system utilized by the IRS for the purpose of depreciating eligible assets) is to identify real property from personal property. Tangible personal property, s...
I've been in business for 2 years, and have reached the point where I've consistently been remodeling at least 2 homes at any given time. My average is 3 homes being remodeled for rental or flip at any given time. Tha...
Do you give bonuses to your contractors?
If they go above and beyond?
If they finish on time or ahead of time?
For exceptional quality or service?
So you stay at the top of their list for future work?
For working thr...
City of Los Angeles allows for new construction multi-units to apply for a ‘density bonus’ which allows one to develop 35% more units than allowed by zoning in return of providing 25% of the units to low income housin...
Hi y'all. Seeking best practices/suggestions on compensating handyman. This pro is on call for routine repair/maintenance work like replacing light fixtures, repairing stairs etc. Goal is to provide consistent income ...