Matthew Orr
Property Manager Upcharging Invoices
I just learned that the property management company I am using is charging me a higher price for work invoices than they are being charged. This "upcharge" is mentioned in the contract, it was never disclosed, and it...
Dave Blackman
JV deals - do you put both entities on the deed and/or title?
Good afternoon all,Taking a quick census here for all the JV veterans as to whether you put both your entity and your JV's entity on (as say, 50/50 ownership):a) Note deed itselfb) Property title if you take the prope...
Jeff Lawlor
Bookkeeping: How Do I Split Personal and Business Expenses?
I have an ADU next to my primary residence and often buy things for both units. I'm using Stessa and looking for the right way to record only the business expenses.Here's what I'm doing:1. Enter an inbound "owner cont...
Joseph King
Looking into Starting a Fund
Has anyone out there created a fund for Notes that could give some advice?
Jason Dekdebrun
Capitalize Costs Incurred Before Service buy Paid After?
There is probably an easy yes or no answer to this, but I can't find it anywhere online or in my Nolo books: if I have repair costs "incurred" prior to me putting a rental into service, but were actually paid with cas...
Sean Fisher
After-hours/emergency-only service for self-managing landlords
Hello,
My wife and I are self-managing our two properties and are comfortable fielding calls for maintenance requests and emergencies during "normal business hours." However, we occasionally go out of town and into a...
Jared Trindade
Just getting start in REI? Here's some tips!
Now a days, information is everywhere, lots good, lots bad. Some things you find regarding REI are from failed investors, giving advice, that has been circulating for years. The market changes, the prices change, inte...
Lexie Greenheck
Initial CPA Consultation
Hi BP!I am a new REI and am in the process of scheduling an initial CPA consultation. I have an LLC, silent partner, one home and am ready to get rolling on more purchases but want to take as many preparation steps as...
P.J. Bremner
Prop Management:Build from scratch OR purchase existing business?
Hey BP'ers,I have spoken to a lot of investors out there over the last several years and I have heard on more than one occasion (from people who are significantly wealthy, not just a couple rentals here and there) tha...
Peter Cogliano
LLC Skip Tracing - HELP
Hi all,
Just finished our first direct to seller marketingn campaign for our REI business focusing on multifamily assets. Our first few passes through the list highlighted the issue that most of these properties are ...