Kyle Jacques
What is the best software for managing STR?
7 December 2024 | 15 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
John Underwood
Why an LLC may not protect you from a Lawsuit
17 December 2024 | 47 replies
Their most common threat is a security deposit dispute.
Andy S.
Pet rent in New Jersey
9 December 2024 | 5 replies
.: I don't charge deposits for animals because deposits are fully refundable.
Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.
Brandon Morgan
payment methods for tenants
28 November 2024 | 15 replies
This method is simple, free, and fast.You could also provide deposit slips, so tenants can deliver their payment directly to the bank.
John Postma
A couple deals under my belt, but at a stand-still and need a coach/advisor.
13 December 2024 | 32 replies
Instead, I just decided to head in "that direction" and figured I'd get to the destination eventually.
Michael Anderson
Do we need to update existing leaseto an LLC if we move rental property to an LLC?
1 December 2024 | 9 replies
Effective December 1, 2024, ownership of the property has been transferred from Michael Anderson to Electric Sage Brush, a limited liability company.All terms and conditions of this lease agreement remain in full effect, and all payments, notices, and correspondence should henceforth be directed to Electric Sage Brush LLC at the following address:2001 Space Odyssey Dr, Cody, WY 82414This change in ownership does not affect the tenant’s rights or obligations under the lease agreement.All parties sign to confirm the change.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
8 December 2024 | 14 replies
Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.
Caryn Seifert
Pet deposit, Pet Fee
12 November 2024 | 15 replies
You have a $2,700 deposit with a pet.
Matthew Beninate
Business Bank Accounts
11 December 2024 | 10 replies
Quote from @Seo Hui Han: You may want to consider local banks / credit unions just because many of them will require or give you more favorable terms for things like HELOC's and other line of credit products if you have a deposit account with them.