Ken Latchers
Booking.com. insane not to use.
9 January 2025 | 59 replies
I've collected thousands in security deposit from my guests who've caused damage.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, the mortgage, or maintenance.
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
For example, if you don't specify if a certain item is reoccurring or 1 time, you can't collect it.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
21 January 2025 | 15 replies
So by spending $42k I collected an additional $75k over 5 years, and then sold the furniture through a consignment store collecting $8k as my share.
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
I looked into the maintenance option years back to discover a trend of: apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)
Chris Mahoo
Long term rental when you are not full time real estate professional
20 January 2025 | 9 replies
When you can borrow 80% tax free and continue to collect the income?
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Less than 10 minutes and they are done.Self Managed, Low Volume - these folks collect the same rent every month, have minimal expenses beyond their mortgage and find it very easy to collect the few documents they have to report it.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
60k is definitely a hit and unfortunate for sure but it sounds like you have two opportunities to force appreciation up front and collect off the back end.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
We try to set up at least 3 timeslots each week when we can schedule all the showings to minimize the tenant interuptions.If they won't cooperate or cancel too many scheduled showings, we warn them we will pursue collections to the fullest extent of the law.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Collecting rent rolls, walking properties, learning who's doing the best in our sector/niche and how they're doing it, finding partners, all of these things I'm fairly good at, as I've been doing this for my recruiting agency for the past 3 years.