Donald Hatter
Reporting Unpaid Rent to Credit Bureaus
11 January 2025 | 1 reply
We've had some success recovering money owed, and we've seen it on credit reports.Recently a former tenant attempted to co-sign for another prospective tenant.
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
We signed P&S agreements on 6 different properties totaling 20 units approximately 8 months ago and received a call today that the price we thought we were buying at has to-be increased on average 13% due to the increased cost of construction.
Dylan Watts
Single family rental unit with a pool
14 January 2025 | 7 replies
(i would have a sign that says you assume all risk when taking down this fence)-Have the fence gated and make sure you have a locking (or at least a latching) gate.
Sam Spoerl
Marketing Strategies for Wholesaling
9 January 2025 | 1 reply
Cold calling, mailers, signs, google/Facebook, RE meetups, RE agents are all ways a whole sales would find deals
Andrew Slezak
Section 8 rent increase
28 January 2025 | 9 replies
You should find out what percentage of the rent is being paid by S8 and by the tenant.Tenants have to sign the rent increase and some won't because they don't want their payment portion increasing.It's also highly unlikely a S8 office will approve the huge increase from $797 to $1300.- BTW: the $1300 includes all utilities being paid by the landlord.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Since STR “lives” on reviews, being “right” because of the contract the guests signed might be the most expensive “right” you’ve ever experienced.So what’s left for the “wanna be” STR investor in today’s market?
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
Many of them are posers - I smile and nod, knowing that their posing will make an impression on many who dream of quick wealth, and that their incredibly transparent bullsh** will eventually blow up in their face, leading to no lasting wealth and potentially major problems for themselves and everyone associated with them.Many of these students receive referral fees if they are able to sign up other people to the expensive ($5K+) coaching programs, masterminds, mentorships, or tribes.
Sami Gren
WHAT to do when adding a tenant to an existing lease?
7 January 2025 | 16 replies
Then, they sign the lease, are issued a key, and can move in.Nobody moves in without passing my screening and signing the lease.