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6 May 2020 | 1 reply
Will the payment on that mortgage you'll be carrying be better than the rent you are currently collecting?
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7 May 2020 | 6 replies
I just want to show proof that the house is indeed part of the LLc and the rent that's collected is going towards the LLC.
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7 May 2020 | 10 replies
But when you have the government telling me I can't collect rent and other Government officials are pushing for 'rent forgiveness' we are screwed.
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21 May 2020 | 17 replies
First and foremost I would hire a bookkeeper to do this who knows real estate and talk to your accountantbut typically If you have an LLC management company and theY collect the money, and the properties are owned by the LLC, the tenant would pay the Property management company and the property management company would pay the LLC who owns the property.
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8 May 2020 | 13 replies
I've heard of using List Source as a tool to collect addresses of properties.
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11 May 2020 | 11 replies
If it burned to the ground, they are no longer the owners and cannot collect.
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7 May 2020 | 4 replies
Look at the landlords that aren't collecting rent due to covid.
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9 May 2020 | 15 replies
I used PMs who collected 10-15% for their services.
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22 May 2020 | 4 replies
Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool), automated maintenance tracking is key (and having everything in one spot makes a world of difference when it comes time to have a contractor come in and make a repair).
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12 May 2020 | 5 replies
You've collected a nice savings for your self, use that wisely!