Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
Your response may turn off a number of guests who were thinking of booking.We've all had guests whose unrealistic expectations were not met and could never have been met.
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
But you are putting your other tenants in danger by not managing YOUR RESPONSIBILITIES.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
I understand it was (allegedly) caused by a kid, but parents must take responsibility for their children's actions.
Barbara Berta
LAIC in Cleveland
28 January 2025 | 2 replies
Since they're responsible for the property, they’re selective about who they take on, but I can refer you to them.
Michael Quarles
Postcards are dead
29 January 2025 | 2 replies
After sending out thousands and not getting responses, or at least not good ones, I stopped trying this marketing method.
Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.
Mark Hafner
Unit broken into
28 January 2025 | 4 replies
This is a first for me, so I'm not sure whether there's a protocol or this isn't my responsibility.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
A PMC is the ONLY one that will deal daily with your property.Here's some copy & paste advice on hwo to screen PMCs:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Your tenants should have this responsibility.
David Hoffman
Industrial real estate operators
30 January 2025 | 20 replies
Thanks for your response.