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When durIng the month do investor payouts occur (send then theIr portIon of the rent aftrr fees) and how is invoicing handled?
when repairs are made for Investor:
Who pays vendor? management or directly from Inves...
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Long story short- inherited an owner financed land contract. Long distance management. Previous owner was a sweet little old lady who allowed people to "just pay what you can when you can", with the thought that inter...
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my current cpa has been in the business for 40+ years. He’s about 70-75 or so. This year I just felt like it’s complicated to keep up with my invoices and give him itemized numbers. he wants it broken down specifi...
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I just won a bid my fifth property and am waiting for it to close. It is going to need substantial work. A lot of it going to be manual labor. Since the closing is just before college gets out I would like to hire ...
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Hi BP! My boyfriend is purchasing his first home with a VA loan through Veterans United. Appraisal was $525, and he gave them his account number as he was instructed so they could withdraw that amount. The VA appraise...
As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?
Example, the loan payment is $100...
We were selling a vacant home as is through a realtor and had a amended signed offer that buyers could go in and fix peeling paint so appraisal could come out higher. Realtor over the phone discussed it as touch up pa...
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Hi everyone,House is in Ont. Canada, where you can only collect first and last month's rent when a renter signs lease. You can't collect damage deposits, or pet deposits for renters that have pets. A renter can sign l...
Hello BP'ers,Wanted to ask all of you a question regarding a recent situation with a contractor that I'm dealing with.Back in May of 2013 I renovated a kitchen in one of my rental properties. I hired an electrician to...
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Question for the group.
Doing my first BRRRR, I had to fire my GC for doing shotty work, missing timelines...etc.
I have gotten new contractors in there to finish the work and they have had to fix a ton of stuff t...