All Forum Posts by: Kyle Knutson

I've been reading some management books lately and love the idea of having a website for my business. I am assuming I just need one website for all of the properties that I own, but I'm not sure. (They are in separate LLCs). My questions are: do I pay for the site from any one of the LLC accounts and use the site for all? Will that create a legal/tax issue with them all commingled? Should I start a new company for the management of the website?

Thanks!

Can I offer a tenant two different pricing options, such as renting a unit for $1,300 a mo. for 1 year or $1,350 a mo. for 3 months?

Some additional details:

I recently purchased the property and intend on raising the rents to market value. The tenant's lease is set to expire at the end of February. I have already sent them a non-renewal letter. However, they have asked for 3 months additional time. I would be willing to have them stay for as long as they like, but I need to raise rents ASAP as I will be locked in for 3 years at the rate that I am at when I apply for a grant in the near future. The increase is significant ($300/mo.) because it is way under market value. 1,350 is the target rent, but I will allow them to stay long term for $1,300. Is it legal for me to offer the two options?

Thanks!

What are some good business phone services/apps/etc... to make life easier for managing your properties? I'm looking for something that can act as only a voicemail line, hides my actual number when calling, etc... and really just about anything else that is useful. Thanks for any help!

@Jason Parker

Hey thanks a lot for the suggestion! I luckily had someone come by soon after. I know I will need someone again at some point and can maybe give these guys a shot. Thanks again!

I am looking to hire a plumber to separate some heating pipes. One room in one unit is controlled by another unit. I would to have both units controlled individually, so that I can begin to charge utilities to the tenants.