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6 February 2025 | 0 replies
The property has remained 100% occupied throughout my ownership and is on track to continue receiving market rents from both tenants.
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7 February 2025 | 6 replies
Also, any advice on how to screen tenants would be helpful.
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17 February 2025 | 5 replies
@Gp G. going to guess your current PMC is charging you a flat fee for finding a tenant.If so, who's going to pay an agent that brings a tenant via the MLS?
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21 February 2025 | 10 replies
In Las Vegas, rental homes priced above $500,000 attract what I call "transitional tenants."
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20 February 2025 | 2 replies
The F*ing awful tenants are to blame here but now it may trickle down due to what i think is poor planning by not putting my properties in LLCs.
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15 February 2025 | 2 replies
While it would take up half the yard, with proper lanscaping, it can be made into a nice looking haven for the tenants if they choose to use it.Could rent out for $1k in the area.
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5 February 2025 | 14 replies
Even the tenant can sue you if they injure themselves.
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6 February 2025 | 10 replies
@Nadir M. you would show 100% of whatever you collected on behalf of an owner.Of course, if tenant pays via credit card, you would NOT include the credit card fees, because you did not receive them.From the funds in your OPERATING account, you would pay any expenses on behalf of the owner, including your management fees - which you woul transfer to your PMC account.Owner will be paid from Operating account.Your vendors (office expenses, auto, etc) would be paid from your PMC account.Year end, you are require by IRS to send a 1099 with GROSS amount collected on behalf of owner.
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11 February 2025 | 4 replies
Quote from @Brandon Morgan: hey guys I am new to real estate and I just got my first rental property this past year and have tenants and things are finally stable now.