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27 September 2024 | 4 replies
Good morning, I am currently using Turbotenant for tenant screening/rent collection and reminders, and lease creation.
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28 September 2024 | 8 replies
The other is that small multi unit buildings typically have a few less expenses since they are run more like mom and pop buildings (No LLC, no leasing fees, no property manager fees, etc).
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27 September 2024 | 15 replies
In addition to organized bookkeeping, Buildium provided other benefits that accounting only softwares do not, such as lease renewals with esignatures, maintenance requests, a tenant portal for rent collection, 1099 preparation for vendors.
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26 September 2024 | 17 replies
Anything that is already there you can highlight in your listing, but people who need these items generally don't move around a lot after paying to put them in wherever they are living.
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26 September 2024 | 5 replies
“Guaranteed rent” is what made me convinced and they are “more likely to be cautious” because if they break the clause on the lease agreement, they might get evicted and the chances of them losing their voucher becomes high.
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25 September 2024 | 4 replies
I currently have two tenants in a unit who pay separate utilities and rent under the same lease.
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25 September 2024 | 7 replies
If there are items you need to replace and they are less than $2,500, you can take advantage of the de minimis safe harbor election, which allows you to deduct those costs in the current year rather than capitalizing them.
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1 October 2024 | 37 replies
Buying is not that time-consuming, lease ups take also a little, rehabs take more time.
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26 September 2024 | 3 replies
I know on resident leases you can add a new addendum on the lease at renewal time but our management agreements don't expire they continue forever essentially unless either party gives a notice to terminate.
25 September 2024 | 3 replies
@Robert DunbarI would check their lease and see if any language covers this.