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28 October 2024 | 24 replies
The MEDIAN rents (50% higher, 50% lower) for the entire country are surveyed, collected and posted by HUD on their website www.HUDuser.org by either county or zip code in all 50 states.
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25 October 2024 | 10 replies
There is no way that resident can afford a 500 jump, and I ended up losing thousands of dollars.Real estate is a business, collecting a future stream of revenue, and you need to be in control of the revenue and expensesGino
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23 October 2024 | 8 replies
Ideally by the end of next year we would like to have the adu collecting rent, and the addition completed or nearing completion.
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23 October 2024 | 6 replies
As of now, we pay our kids to collect the rent each month.
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23 October 2024 | 8 replies
One of their tenants was one of their maintenance guys but was not their manager (making sure rent was collected), I think he paid either half of what rent should've been for his unit while the unit next to him was a 1bd unit as well renting for $650/700 at the time and that was about market rent still.
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23 October 2024 | 7 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.The owner of each property (you, LLC, trust, IRA, ect.) would have to execute a management contract with the Master LLC, so the Master LLC could legally act on behalf of the property owner(s).Check with Account Closed read our
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24 October 2024 | 10 replies
They got a large judgment against the people running the scam but can they collect against it?
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23 October 2024 | 13 replies
You do not use the $900 in fees you collected.
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24 October 2024 | 12 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.
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23 October 2024 | 3 replies
He's someone I already knew, and he does the work for a small rent discount but he's about to move out and I don't think it'll be so easy to find another qualified tenant without losing a month's rent while looking.Before I bought the building, the tenants were all responsible for taking their own cans to the road and they were collectively responsible for keeping the area clean, but they didn't (and I didn't know they didn't.)