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28 December 2024 | 12 replies
I get an email alert each time a deposit is made.I prefer not to use any third-party vendors (Zelle, etc.) because firstly, that creates another link in the chain that can break down between the tenant's deposit and my bank account.
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23 January 2025 | 165 replies
People had to get that done, either themself, via vendors etc., and it was on private property owners to sort there insurance themself.
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6 January 2025 | 38 replies
One of my vendors ran into these guys over in either AU or Singapore and came back with an impression of sleazy is what they said..
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30 December 2024 | 24 replies
We only work with licensed and insured vendors. 3.
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31 December 2024 | 57 replies
If you can't, then notify the tenant that she will be charged if the visit is unnecessary.The tenant does not get to choose when the vendor shows up.
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6 January 2025 | 15 replies
A solid agent can help you calculate ARV, manage inspections and contractor connections— get quotes and coordinate handymen and vendors post close, provide shopping lists and software suggestions for management or STR furnishing, etc.
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23 December 2024 | 9 replies
At the heart of effective property management lies the ability to balance the competing interests of three critical stakeholders: owners, tenants, and vendors.
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24 December 2024 | 14 replies
Here are a few tips:Asset Management: Holding your property in the LLC can protect your personal assets, but check with an attorney or CPA to ensure it’s set up correctly and complies with local laws.Rent Collection: Collecting rent through the LLC simplifies accounting and keeps personal and business finances separate, which is a big plus for taxes and liability.Property Management: Since you’re self-managing, the LLC can be used to formalize agreements, pay vendors, and manage expenses—treating it like a professional operation.Just make sure to consult an attorney or accountant to align your setup with your goals.
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30 December 2024 | 8 replies
I leave the marginal ones waiting, letting them know I will reach out when I have a showing date/time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them and send them a link to do the background checks (paid by them directly to the vendor).
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25 January 2025 | 155 replies
Hey Violet, to obtain additional corporate credit, are you working with a specific company or are you reaching out the typical credit card vendors?