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19 February 2025 | 11 replies
You don’t want someone who could cause legal issues, neighbor complaints, or worse.There are plenty of qualified tenants out there who pay on time and don’t steal.
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18 February 2025 | 7 replies
Once you close on your property:- You need to get a Phila tax IDhttps://www.phila.gov/services/payments-assistance-taxes/tax...- Then you need to register for a commercial activity licensehttps://www.phila.gov/services/permits-violations-licenses/g...- Once you have a commerical activity license you can finally get your rental licensehttps://www.phila.gov/services/permits-violations-licenses/g...All of the above will be done using the eClipse online portal systemIf your property is built before 1978:The system will kick back your application and you will not be able to get a rental license until you get a Lead Safe test.This is when you will hire a licensed 3rd party to come out and doing a lead test for you.
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15 February 2025 | 4 replies
Also the expenses should be reported to the business activity (the property) they legally are generated from; not necessarily the entity they are paid through.
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1 February 2025 | 23 replies
The other option is to file with the RTDRS (Residential Tenancy Dispute Resolution Service).
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11 February 2025 | 1 reply
This was my second foray into real estate investing, the previous one being through a “full service” turnkey provider.
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1 February 2025 | 3 replies
If HOA by laws state past due owners are responsible for all late fees and legal expenses for collection hire an attorney to go after the past due.
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12 February 2025 | 5 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.
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21 February 2025 | 2 replies
We need to learn more about how taxes work as foreign nationals investing in the USA, and what entities are best for tax/legal purposes.
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20 February 2025 | 5 replies
This will give you more opportunities and access to various opinions about the market and properties.As to cleaning services, you'd most likely hire a property manager who'll take care of that.