29 November 2017 | 8 replies
The PM maintains a list of vendors who they vet and must ensure the vendors are compliant with their operating standards such as having a Certificate of Insurance naming the PM as an additional insured, receive invoices from said vendors, pay vendors, checks vendor work (in some cases) and ensure the invoice is appropriately accounted for in the asset/owners account.
29 November 2017 | 1 reply
The typical total commission for a business sale is between 5-10%, but like real estate, there is no standard.
29 November 2017 | 8 replies
Is there any potential to increase rent prices?
28 November 2017 | 0 replies
All I am looking for in this post is some not standard(zillow, truly, etc) places to see foreclosures and other "cheaper" investment opportunities.
29 November 2017 | 19 replies
We issue receipts as standard operating procedure via email.
1 December 2017 | 4 replies
If you are doing it in excel - a receipt for $100 that consisted of $25 paint, $25 tools, $50 roof supplies.can be entered into excel like$25 paint$25 tools$50 roof suppliesAt the end of the year you can sum up all the costs by description and provide that to your accountant.A couple things to point outWhether you expense an item or capitalize it will depend on several factors such as if you are increasing the useful life of the item, making it ready for a different use or making it more efficient.
30 November 2017 | 1 reply
Owner pays utilities now, however it has 5 meters, and I would change that, generating a possible 7k increase yearly in income.
1 December 2017 | 1 reply
For a couple - this number increases to 8 if husband-wife each own their independent properties w/o having each other's names on the title docs?
1 December 2017 | 5 replies
What do you look for as a fix and flip investor on a standard single family, say 2br - 2b 1200 sqft home in the Bay?
4 December 2017 | 14 replies
1) standardize to one battery type for your power tools 2) impact driver 3) fluke multimeter