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14 November 2024 | 6 replies
Furnished Finder means you will need to have more interaction points to process them and collect payment--- does not mean it's a bad option, but there is less automation involved.
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12 November 2024 | 10 replies
From direct ACH, last place I thought of checking.I was suspicious though half way, but couldn't find any proof that I was charged $99 every month in his membership area, nor was there a cancel button, and there was barely any content in that area, so I thought I wasn't charged, further maybe I wasn't even a member, and stopped researching.
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15 November 2024 | 5 replies
If the rents were collected after closing and they were not addressed in the sale, then you shouldn't have a legal obligation to give them anything.
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13 November 2024 | 7 replies
I'm in contract to sell now, with the buyer looking for proof that the building is a 2-family.
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14 November 2024 | 7 replies
Does their collective business occupy one of the spaces in the building?
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13 November 2024 | 2 replies
Just be aware that the city is underdeveloped and you might want to be extra careful when choosing tenants to make sure that you'll be collecting your rent every month.
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15 November 2024 | 6 replies
However, there are no actual renters portal or maintenance submission forms - rent collection is straightforward.
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14 November 2024 | 11 replies
It's an investment into the property, and if/when they move out or even if they're there you can now add a traditional dryer to the property and collect additional rent.
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5 November 2024 | 5 replies
Only one bank account needed, but you'd have to track income & expenses to do transfer and year-end accounting.As @Nathan Gesner mentioned, not really worth it.You two could also open a joint bank account for collecting rent and pay expenses, just be sure to track everything.Do NOT do what @Paul De Luca stated about transferring title!
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4 November 2024 | 34 replies
Proof of liquidity for the down payment is good enough.