Bruce Cook
Current rent is $1700 below market each month, what to do?
3 May 2024 | 19 replies
@Bruce Cook first find out what the law is, if you are under rent control you need to thoroughly understand the law and raise rent probably to the maximum you can (if rent conrolled).
Michael Higgins
multifamily portfolio is growing
5 May 2024 | 1 reply
Able to keep the tenants and increase rent by 50%.
Emre Dura
Need legal advice for LLC opening as a non-US citizen/resident
6 May 2024 | 5 replies
It normally takes 4-6 weeks for a W-7 to be processed by the IRS.Here is a link to the IRS website, listing Certified Acceptance Agents by Country:IRS Certified Acceptance AgentsUpon receiving an ITIN number from the IRS, a copy of the IRS letter showing the new Individual Taxpayer Identification Number (ITIN) must be sent to LPM.Note: LPM will not manage rental property for foreign owners who refuse to acquire an ITIN number.Form W-8ECIThe Internal Revenue Service (IRS) requires property managers to withhold 30% of gross rents to ensure foreigner investors will file a tax return at year end.
Jay Samudio
Nebraska Emergency Rental Assistance (ERA) - Any Experience?
6 May 2024 | 2 replies
@Jay Samudio great advice from @Melanie P.Also, in our 24 years of experience, a tenant that has to get emergency relief typically ends up behind on rent again very soon.Be sure the tenant cooperates with providing documentation explaining why they fell behind and that the problem is highly unlikely to repeat.If they won't cooperate and state, "none of your business', then what does that tell you?
Dean Attali
Opinions/experience on M&M Property Pros? (Kansas City PM)
7 May 2024 | 19 replies
So when I have paid rent, less the credit, they failed to contact myself nor the owners and employed these harsh scare tactics against me.
Mia Tam
Move out walthrough to avoid potential false claims from the landlord
6 May 2024 | 3 replies
Hello,We have been renting the current property for 3 yrs now, there is normal wear and tear that is common with property use.
Justin Brickman
Whats your ideal monthly income? How many homes/doors will you need to achieve this?
6 May 2024 | 65 replies
I like looking at deals and helping others with said deals .. more B to B than worrying about if I am going to get a rent check..
Jerry Daily
Buying another property to offset taxes
5 May 2024 | 5 replies
If I buy another house that I rent that loses 15K on paper, would that offset the 15K I would be paying in profits for my other property?
Caleb Sonneman
420 Smokers Applying for Rental
5 May 2024 | 8 replies
I appreciate your insights and feedback:I have a single-family home I need to rent out long-term.
Antonio Easter
Sober Living Rentals...
5 May 2024 | 5 replies
How do I rent properties to Sober Living?