All Forum Posts by: Stan Jackson

Although QuickBooks Online (QBO), has less functionality as the desktop versions, I specifically like it because I CAN view data whether I have my specific laptop with me.

Also, QBO makes it just that much easier for my accountant to see activity at any time.

If you get the QBO Pro, you may find it does a heck of more than the Basic subscription.

Now, one of the problems with QBO is that it will only allow you to run company from each subscription. If you have multiple companies, you will need multiple subscriptions.

Obviously I don't work for them, but should be paying for this endorsement!

While in the military living off base, I would add to this suggestion timers. Usually they are less than $10 each and programmable.

I would have the tv, lamp and radio on different timers with different settings. Never had a problem.

Jon, I was hoping you would post soon so I could just give you an honorary vote!

Not trying to abuse the system, thought I would just add more to show appreciation.

10k post with so much detail and thoroughness is staggering!

Congrats Jon!

Since this thread was brought back up, I thought I would address the realtors response.

The wife is/was a realtor in California, one of the more stricter states when it comes its' agents, does not want a credit check done?

I would google her name, his name, check with California's Div of Licensing for complaints etc, check with US Courts to see if a bankruptcy has been started. All of these can be done for free online. And, only if you really want to move forward.

One other thing to consider.

If this deal should fail, what will the relationship be after you've lost the money he was using to buy his first home?

This is in itself is a matter of concern for me. If you are going to use their money, which is a larger contribution compared to yours, how would the cash flow get disbursed?

In a few moments, other experts will ask you to itemize the actual expenses, rental income and terms of the debt service for a better analysis.

Stella will help you get your groove back! LMAO

I too am confused, but it seems like the landlord took in 3 deposits at 3 difference time from 3 different people

If that is the case, I'm not sure why it will not release the deposits accordingly, unless the remaining amounts are insufficient per contract.IDK Will wait for update, curious t hear from the OP and others as well.

NALNLA-Not a lawyer, not legal advice.

On a side note: You shouldn't be referencing "highest sold comp"! Look at the 3-4 lowest comps and take an average to get an opinion of the property's value.

If there are comps in the $140k-$150k range, it may be a challenge to get an offer close to $170k. IMO