David Switzer
Issue with the HOA Board (need advice!)
31 January 2025 | 3 replies
Our tenant would have a key and could assist people in through that entrance if needed.We closed, and at closing the developer signed a contract to install a door and escrowed $20,000 in the event they did not end up doing it.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
22 January 2025 | 4 replies
Some went through the process of signing the NDA, providing proof of funds, and having multiple conversations, only to end up ghosting me.I think what a lot of this comes down to is that many people start looking for a business before they’ve figured out for themselves what it is they really want, and what they can actually execute on.Here are a couple of the common misconceptions I encountered from buyers:🚫 You can close on multiple acquisitions within a year.Sure, it can be done.
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
We do a tenant orientation at the property when they sign the lease and go over the specifics, one of them is no modifications, no painting walls and ... nail holes.We actually provide them with 2 packs of command strips and show them how to use them.
Vanessa Pierson
Advice - Long Term Rental in Tough HOA or Sell
23 January 2025 | 4 replies
Our plan is to purchase again with a better mindset of turning that into a profitable rental.We have diligently completed all the necessary steps and are on the verge of signing a management agreement with a property manager.However, we are experiencing some doubts. 1.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
17 January 2025 | 19 replies
Quote from @Justin Buswell: Quote from @Sharron Ferrell: I am also considering signing up for the program.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
Based on my experience managing a significant number of rentals, leasing back to a seller can work, but it’s essential to approach it carefully.Lease Start Date:The lease should be signed at closing and start on the same day—Monday in your case.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
I have not tried Baselane but I did try Stessa for a few minutes.As an Accountant, I need to be able to make Journal Entries and that is something Stessa does not have so I deleted it right away.For all my clients we sign them up with QuickBooks Online.
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
Create a list for each unit and have the seller sign.2.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
You also get $50 automatically when signing up with Invelo, no matter which plan you choose.