when there's a late fee policy of a % of the rent and a partial payment is made. Say rent is $1500 and only $1000 is paid. Is the % on the total rent or just the unpaid amount. Ex: say the fee is 10% Rent is $150...
I've created a daily schedule and habit tracker that fully aligns my daily habits and tasks with my longer term goals. I'm able to start with my annual goals and break them down quarterly, then into monthly and weekly...
Just got under contract for my first investment property! The property does not come with submetering for water. Is it best to install a submeter, and how much does that usually cost? I also read somewhere that there ...
Hi All!Being based in Philly. Which banks who you recommend working with for loans and why? Thanks!
I am just getting back into the business after a hard reset in 2007. Looking to invest locally as I have learned working with properties even 30 miles away can be a pain. I intend to focus on preforeclosures and I w...
Hello again, Forums! Our first deal is in the books - a SFR that will go on the rental market after a few months of touch-ups. After going through the cash vs. conventional financing debate, I chose to finance to sp...
I'm lining up my first true BRRRR. The asking price is $40k and I'm looking to make a $30k cash offer. Rent should be between $700-800/month. To make this deal work I would want to refinance $37k out (about 60% LTC). ...
We live in a wonderful small town that is quickly developing by rich out-of-towners. They purchase water front / water access lots and build houses for weekend camps. The houses are mostly basic vinyl siding or hard...
Hi all,Do the deferred taxes using a 1031 a) reset with each sale, b) snowball cumulatively, c) stay fixed from the original sale, or d) something else? I just sold a rental in December 2022 and put the proceeds into...