April was our first month and we did $2498 (our cut after airbnb fee).  

There is no magical way for him to receive the income either, you can simply just pay it to him from the bank account.

I had a similar situation and simply rewrote new and separate leases and deposits for each tenant.

At the end of the day the PM business is a service business and being unable to communicate with the PM for up to 2 days won’t cut it.

The charge for doing so can definitely cut into your equity as it can be 10's of thousands depending on the estimated value of the home. 

How to Cut Through the Noise in 2024 and Choose a Market for Your First (or Next) Investment❓November: Fill in the Blank! 

Cut the sh_t out.

It is just simply better to not rent to multiple people unless it is student housing.

Cutting to the business side quickly makes sense, and for some sellers, it’s all about getting straight to the point.

The same has now occurred with the Team Lead who has shared that my Realtor lacked experience and may’ve had ill intentions of getting greedy with deals that they started to cut the Team Lead out completely.CURRENT STATEThe Team Lead has asked me to sign a new contract.