Andy Mirza
Reminder to forward invoices regularly to servicer!
We had an unexpected reinstatement come in from one of our delinquent borrowers. Good news is that we got a decent chunk of money that really puts us in a good position on this loan going forward. Bad news is our loan...
Amy McArthur
Buyer asking for an Invoice for Commission
I am about to close on a wholesale deal, and the buyers are asking me to give them an “Invoice for Commission” for the amount of my assignment fee. They say it’s for tax purposes. I’ve never heard of this and can’t ...
Casey Habluetzel
Invoices during a renovation for tax purposes?
During a duplex renovation, do I need to get an individual invoice for every draw from my contractor for tax proof purposes or as long as I have proof I sent the money and a signed contract with due dates, does that s...
Tom Henderson
RUBS In Minnesota - sending invoices to tenants
Team, curious if anyone on this has implemented RUBS in Minnesota? If so, would love to learn who was used. I've heard of Invoice America before...
Heidi Dunn
Any Advice For an Excessive HVAC Invoice
Hi All, My tenant called at 10 pm on Jan. 1st to let me know that the furnace (natural gas boiler) was constantly cycling on and off and the temp was dropping in the home. I instructed him to contact the local HVAC c...
Melissa Koon
No Itemized Invoice De Minimis Safe Harbor
I have a rental home and had the HVAC and water heater replaced last year. The furnace stopped working and was in need of costly repairs that would likely only prolong a replacement. Since they were already replacing ...
Zack Thiesen
Delayed Finance and HUD-1 Rehab Invoice
My question is about @Alexander Felice 's insights re: rolling rehab costs into the HUD-1 for a delayed finance cash-out when using personal cash. If anyone has experience with doing this in real life I'd be curious t...
Gaemer Gutierrez
Do your property managers give vender invoices?
I have worked with different property management companies. They are charging 7% and 10% of vender invoices. Do you ask the property manager to also provide the invoice that they receive from the vender? Mine currentl...
John Lee
How to create invoice to get deposit?
Tenant's dog urinated in the garage and sweep into the cement. Now I have to clean up and repaint the garage to get rid of the smell. How do I create invoice to bill tenant deposit money if I do it myself rather hire ...
Mark Wilton
Overdue Rent or Move Out Invoice Collections
Hi team,Located in Chicagoland area.I have a couple of invoices due from tenants that have moved out and left damages not covered by their Security Deposits. I've been unsuccessful collecting from them myself and woul...