Joe Won
Lendinghome is terrible and has put me in a tough position
9 October 2017 | 12 replies
The only thing I'd suggest is getting lending home in touch with the seller, and having them express clearly that they will 100% be funding this loan.The seller, short of cold feet, would likely want to avoid starting process over.
Dar Fornelli
Tenants paid full rent late, but have not paid late fee
14 April 2023 | 51 replies
Delivery of notice to rental unit shall be considered proper notice to tenant(s) In the event tenant(s)s fails to comply with any provision of this lease or of the statutes of the Kansas Residential Landlord and Tenant Act, landlord may terminate tenant(s) right to possession upon giving no less than thirty (30) days’ notice in writing to tenant(s) of such default...Am I correctly interpreting the underlined statement to mean I cannot give written notice of default until the next months rent comes due?
Vishal P.
Showing a unit right away vs waiting after repairs are done?
21 December 2017 | 10 replies
I always prefer to wait until the unit is "rent ready" with everything prepared for key delivery.
Fausto Suriel
Lease violation, tenants have 2 dogs, only one was in the lease
27 December 2017 | 25 replies
No, just take it with a grain of salt, take the lesson being offered, put on blinders as it relates to the delivery and keep going forward.
Joe Taylor
Treatment of Remodel Costs After Leased on New Acquisition
15 January 2018 | 4 replies
The safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1) at the beginning of the tax year, the taxpayer has written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by invoiceNote: The cost for the Unit of Property includes l additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the tangible property.Eg:A purchases 100 printers at $500 each for a total cost of $500,000 as indicated by the invoice.
Jennifer Rysdam
What questions do you ask over the phone of prospective applicant
24 January 2018 | 7 replies
I personally like to speak to someone face-to-face so I can read their facial expressions and body language when talking to them.
Jenessa NeSmith
Starting an Airbnb and STR management company
6 January 2022 | 44 replies
We take care of everything: provide personalized messaging/guest interactions, being available 24/7 for guest issues (including being available to physically go over to the property), personalized trip itineraries and recommendations for guests, pricing adjustments (which means staying up to date of current events including concerts, graduations, etc) coordinating of cleaning, restocking and purchasing of consumables (coffee, water, shampoo, body wash), laundry, supplying towels/linens, Netflix subscription, a color guidebook with info about each property/neighborhood, tourist brochures, takeout/delivery menus from places nearby, We have also partnered up with local businesses and are able to offer discounts at these places for people who stay at our properties.
Joshua Raef
Getting started in TX!
29 January 2018 | 1 reply
I've always loved real estate, but expressed that love through just consuming it and not investing wisely!
Paul Sandhu
The Ultimate Bath Towel Thread
3 March 2018 | 25 replies
I've learned that JC Penney has OUTRAGEOUS sales - in a recent sale I bought sets of 6 towels (2 bath towels, 2 hand towels, 2 washcloths) for about $12 (the Home Expressions bath towel collection).
Mark B.
Visible vs Non Visible Tattoos on Tenant Applicants
14 June 2021 | 87 replies
While tattoos might not be a protected class, freedom of speech (expression) is protected, and denying solely on that might get you in hot water.