Leeling Chew
How much rent to charge?
18 December 2024 | 5 replies
Should I charge her a prorated amount of the original rent or the increased month-to-month rent for January?
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
I would also give her x amount of days to move but let her know you will have to charge a prorated fee per day after that to move for occupying both units.
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
There is no point refinancing the almost paid off property to buy another-just get a mortgage on the new property.hard money lenders are going to charge you a higher interest rate.
Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
Note: Florida charges a hefty tax on rentals under 6 months.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 13 replies
(It could be rented for more, maybe $3000/mo, but I'm only comfortable charging so much on principle.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
With the transfer tax - you're being charged 2% of the property value (not the loan amount)!
Aaron Robertson
How AB 2622 Is Transforming Property Management in California
9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
Paul Stewart
Debunking the Easy Money Myth
24 January 2025 | 4 replies
Once we changed to charging a fee, proof of ability to close, good income, a sizable reserve and reasonable credit, the students not only started taking the training seriously but actually began buying properties for their retirement.
Rick Albert
Buying Small Homes on Small Lots as LTR - Thoughts?
9 January 2025 | 3 replies
Make it look super 'cute' and charge double!