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4 September 2024 | 2 replies
Can I still serve my tenant a Notice to quit since I have collected the last month’s rent.
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5 September 2024 | 16 replies
My brain want's to automatically assume rents were not collected, not that they were just sitting on your $$$$ because that, wow, that's a BIG problem and a VERY bad sign of things if that's the case.
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3 September 2024 | 17 replies
What sites/software does anyone recomentd to collect rent, anyone have like a template of an excell sheet I can use to get organized?
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4 September 2024 | 3 replies
Collectively, they are known as "Turnkey" rental providers.
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5 September 2024 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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5 September 2024 | 11 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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5 September 2024 | 14 replies
Is it a fully rehabbed property with high quality tenants paying top dollar, or is it a run down apartment with below average rents that you collect rent on and put as little cash into it as you can.
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4 September 2024 | 13 replies
The team is based in Bolivia, Argentina, Honduras, and Pakistan.All agents are paired with a supervisor and trainer to offload a lot of the day-to-day responsibility and management from the operator's sizeThe agents help operators set up a 24/7 front desk team (Guest services/communications), manage overnight emergency shifts, create and optimize listings, revenue management, dispute negative reviews, manage Airbnb claims, in-house vendor management, bookkeeping & sending owner statements, manage collections, digital marketing, and other back-office tasks.Nonetheless, happy to chat.
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3 September 2024 | 5 replies
I want to occupy one of the units, my preference would be the 2/1 so I can collect more rent from the 3/2 to go towards my mortgage.
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3 September 2024 | 7 replies
Do I still use my business accounts to collect rent for my duplex even though it's not held in the llc?