
6 March 2025 | 9 replies
Simple answer is Investors have people like me and many others in BP to keep the books clean as possible, usually running some form of accounting tool/platform.

11 March 2025 | 8 replies
However out of an abundance of caution and in an effort to clean up the outside of the house, I chose to proceed with the encapsulation.Lori:I don't want to be snarky.

19 February 2025 | 4 replies
Professional Deep Cleaning – Before listing, he had the property deep cleaned, including carpets, baseboards, and bathrooms.

27 February 2025 | 60 replies
Originally posted by @Mark Zajaczkowski:@Jonathan MuellerHow do you coordinate cleaning the rooms and who cleans the rooms?

6 March 2025 | 6 replies
I asked my adult son and another friend their opinion, and they both said well maybe give her another chance because she keeps the house immaculate, and you never know, you may get someone worse who doesn’t keep the house clean and destroys the place.

9 March 2025 | 4 replies
., cleaning, concierge), the income may be subject to self-employment tax (15.3%).

23 February 2025 | 9 replies
While it may seem daunting at first, beginning with a clean slate allows you to establish clear expectations and build a strong landlord-tenant relationship from the outset.

27 February 2025 | 0 replies
Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

16 February 2025 | 9 replies
for the dishwasher, if running it doesn't clean it up, you can only charge her for cleaning (or if it is broken, repairs or replacement cost).

28 February 2025 | 3 replies
Terry,Yeah, you can use your commission toward your closing costs when buying your own home, but tax-wise, it’s not a clean wash.