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Results (7,142+)
Beth L. Questions--How to use a Property Management LLC as the "face" of my rental business
12 February 2024 | 12 replies
We had to filter reports, well needless to say, we too switched.Processes are the same for all software, enter invoice, receive payments and pay bills.
Massimo Salerno own it detorit
10 February 2024 | 5 replies
Things were going bad from day one however we wouldn't be aware of it until late 2017.It started when 1 of our properties got burned and when started an insurance claim learned that the policy the management company has purchased for us wasn't covering the cost of property purchase and their savings of $20/month cost us loss of thousands of dollars.That was the start of our awakening and we started checking all that was taking place and we have questioned all the different bills and reports that were provided to us, during that we learned that 2nd of our properties was abounded by the tenant and the months late rent payment wasn't questioned by the management company, not only that but thieves had broken in to steal all appliances and vanities, created damage and leave the property completey vandalized, a squatter had taken over the property and we had to go thru eviction process.Needless to say we have dropped Mousa and his so called management team (Omar and Wanda) and hired another company to take over and conduct a full due diligence on our properties which helped us to find out that on a 3rd property the management company had failed to fill out correct paper work and the tenant was not paying her utility bills for months and that mistake of paper work forced us to settle thousand of dollars past due bills with the city, that's on top of the fact the tenant was way past due on her rent, this property was so badly maintained despite the fact we have paid thousands of dollars to Mousa and his team for various repairs they have reported and invoiced for.As you can imagine the poor management of this company had caused us nothing but losses that are at this point estimated in tens of thousands of dollars.It is clearly our responsibility of not checking this company in details before engaging in business with them, however it is this company lack of responsibility and management that caused our losses.Be aware and check them thoroughly before engaging
Nathan Emmert Wave Accounting
10 February 2024 | 14 replies
It lets you do invoicing directly from the program (not a feature I use). 
Julia Bykhovskaia How much do you pay your handyman and how often?
9 February 2024 | 13 replies
Hey @Julia R. my handyman is paid on the same schedule as you just explained, he will get a call from me handle the job and then send me the invoice.
Matthew Lewis Off-grid build-to-sell feasibility
9 February 2024 | 1 reply
I also ended up wanting a home that was just going to be too dang big to realistically run it offgrid. 
Jon Haberland Texas hill country
8 February 2024 | 5 replies
@Jon Haberland @Devin Dang has one in Canyon Lake that does well, these areas can be great.
John Mead Can a property management company put a lien on my property?
7 February 2024 | 18 replies
I've just started digging through what I have and I have found one very recent invoice that I did not give permission for them to do.
Mike Romano Managing Partnerships: How do you handle partnership payments in a deal
7 February 2024 | 3 replies
When you've agreed on a percentage of the net for a partnership, do you typically share all invoices, or is there a preferred method for transparency?
Jonah Downs Favorite bookkeeping software?
8 February 2024 | 16 replies
Enter a maintenance request, assign a vendor, attach a fake invoice.
Artur A. Need guidance: Property manager transparency & high expenses on old property (1910)
5 February 2024 | 7 replies
Hi Everyone,I'm facing two issues with my rental property and would appreciate your insights:1)Property Manager Transparency: My property manager doesn't readily share details or invoices for expenses, instead asking me to contact them directly.