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We agreed to charge our tenants for the utilities including water, electric and gas. We sent them the bills and they are saying they should not have to pay the sewer and the refuse fee on the water bill but should onl...
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My son just closed on his 1st property - a duplex with tenant in one unit and he’s going to house hack the other unit.
We have 3 concerns:
1. The tenant’s security deposit hasn’t been transferred to him yet. In fact...
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Working on a deal for a SFR that would make a great short-term rental, but I want to make sure and include all the necessary start up costs in my budget- things like silverware, furniture, etc. What are some things th...
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I have only 4 STR doors. I have had a helluva time paying bills on time. I have created a spreadsheet that seems to be less than efficient in identifying all my expenses. I keep getting dinged with new taxes, LLC fees...
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Warning: Newbie questions contained below :)I have been testing the BRRRR Calculator and my train of thought tells me two values should be calculated differently.Calculation 1: Rehab - Total Cash OutlayCurrently this ...
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We have been using the BP tenant screening link with good success. It is easy to understand and has a nice layout. I just had a prospective tenant apply and it was recommended that I deny her. Reasons: Derogatory publ...
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I invest in commercial real estate and want to use Quickbooks to track my income, expenses, assets and liabilities. I am looking for resources for commercial real estate investors to enhance their use of Quickbooks. ...
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To the companies that are syndicating and LP investors: What are your thoughts on cost segregation studies? 1. Do they save your investors money over the life of the hold?2. If your investors are W2 emloyees, how do y...
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Hello everyone!My team and I are beginning to interview property management companies in our area. We have a bunch of questions we are asking them and hope to have 3-4 prospects once we are done interviewing. I wanted...
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Hi everyone,I have a few questions about moving in a tenant. I have my first tenant moving in tomorrow, and have compiled a folder of documents to take with to the lease signing, and was wondering if you guys had any ...