Justin Gomberg
Tenant Not Leaving After Lease
5 July 2021 | 12 replies
Because the new tenant told me he wouldn't financially qualify by himself (only collects a little bit of disability) and the original tenant didn't want the rent to go up, the original tenant sent me an email putting in his 60-day notice to vacate the premises.
Lynette P.
Termite fumigation - tenant occupied
2 June 2022 | 10 replies
To be on solid footing if there were ever an issue to arise, you really have two options 1) collect rent and then since you are eliminating their use of the unit put them up somewhere 2) provide a credit or reduced rent for the days the unit is taken out of service.
James Andrews
2 Pitfalls To Collecting Rent Up Front!
4 July 2021 | 1 reply
You may have triggered additional income taxes that you would not have had if you had collected rent monthly.
Jayden Hamilton
Best ways to collect rent
29 September 2021 | 7 replies
What are the best ways to collect rent on time, what apps, websites, etc?
Hsiu Chu Cheng
Real Estate Investing Booklist (Organized Based on TOPICS)
8 July 2021 | 1 reply
Think & Grow RichMan's Search for MeaningThe E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About ItSet for Life: Dominate Life, Money, and the American DreamPersuasionHow to Win Friends & Influence PeopleHow to Talk to Anyone: 92 Little Tricks for Big Success in RelationshipsCharisma On Command: Inspire, Impress, and Energize Everyone You MeetThe Charisma Myth: How Anyone Can Master the Art and Science of Personal MagnetismTotal Recall: My Unbelievably True Life StoryAm I Being Too Subtle?
Wave Taylor
Looking for my first deal
5 July 2021 | 2 replies
The 2nd reason I closed the LLC's is because people can still sue you, personally, and they can easily collect their judgements from your LLC's.
Chris Holland
Opening an Airbnb close to the beach with a prefab
6 July 2021 | 3 replies
Not every city is favorable to Airbnb and you have to do that research upfront before you waste time and money.Beyond that, success in Airbnb isn’t as simple as buying a house, listing it, and collecting cash flow.
Jason Chase
Need CPA to Certify My P/L for Real Estate Purchase
6 July 2021 | 6 replies
@jason chaseWhat your lender is asking for is what we commonly call a "comfort letter".It is a checkbox on their list, and will be scrutinized with the attempt to shift liability to the accounting firm that wrote it should the loan go south and the lender cannot collect from the lendee.The AICPA as well as errors & omissions insurers strongly discourage tax and accounting firms from writing these letters.
Cameron Roberts
Newbie Looking For Help
6 July 2021 | 4 replies
Investing with the idea rhat you will collect rent to help pay for your duplex will not make you much of a profit and will not keep up with inflation.
Yuzi Stha
Tenant not paying last month rent, thinks sec deposit covers (MA)
6 July 2021 | 11 replies
And don't hesitate to send it to collections.