Patricia Via
should I manage alone or property manager?
2 December 2024 | 13 replies
A negative review from a tenant could be a positive review for an owner.Networking: Use forums like BiggerPockets for recommendations, but conduct thorough research yourself.Initial ScreeningNarrow your list to 5-10 candidates by reviewing their websites and scheduling Zoom interviews.
Mike Most
Applications with Eviction on record
26 November 2024 | 7 replies
Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit.
Pamela M.
Tenant vacates property before december 1 without notice. Lease is till August 2025
5 December 2024 | 34 replies
It is quite common to conduct a move-out assessment for damages and apply the costs against the security deposit (SD).
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
They would not spend time or their own money developing individual brands.After a lot of back-and-forth on and off BP, I acknowledge the need for buyer agents, certainly to help buyers understand the closing process and the PSA, but also for the mechanical act of conducting tours.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
They will get paid the same or more with a lease regardless, they will not lose out on any rent because if I am unsuccessful I will still pay rent regardless, the same way a business leases a property and conducts business out of it even if they're unsuccessful they still pay the rent.
Justin Woods
Cost Segregation - Bonus Depreciation on House Hack
26 November 2024 | 13 replies
I guess another way of the asking the question is can you use a cost segregation study that was conducted prior to the property being used as a rental?
Andrew McManamon
Investing in Bitcoins
9 December 2024 | 98 replies
It's a lot prettier.https://www.newsmax.com/newsfront/irs-wins-14-000/...A cryptocurrency exchange called Coinbase that deals with bitcoin and other digital currencies has been ordered by the IRS to start forking over information about some of its customers.According to Business Insider, a U.S. district court ruled that Coinbase needs to supply the personal information of 14,355 of its customers to the IRS as the agency tries to combat tax evasion.The customers affected by the order conducted Coinbase transactions of more than $20,000 between 2013 and 2015, which includes 8.9 million transactions.
Tanya Maslach
How to show the property, for OOS?
25 November 2024 | 11 replies
Hi all,I can use software to conduct 95% of all property / tenant / cleaning tasks, except... for showing the property to interested tenants.I don't know that this would be an issue, as I'll be doing MTRs and most folks may be out of town anyway.But does anyone here have ideas or suggestions for how I should think about this?
Nadir M.
Which PM software is most recommended?
23 November 2024 | 9 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Tessa Tsui
Renal App for Landlord
23 November 2024 | 4 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.