Mark Douglas
Do you have separate bank accounts for each property??
Hello all,I'm on the cusp of closing on my first property ^^ and I want to have as much in place as I can.I know I'm going to open up a second checking account for this first property, to keep it separate from my pers...
Jason Turgeon
Bookkeeping software for owner-occupied duplex?
What are those of you who house hack or live in unit and rent out another doing for bookkeeping? I live in one unit (40% of building). My tenants live in the other (60% of the building). Their rent is less than my mor...
Emily Kessler
North Carolina Lease and Other Forms
I'm getting ready to purchase my first rental property in Raleigh, NC and want to make sure I'm using all of the correct state-specific forms. Does anyone have a recommendation of where to purchase a good lease? I hav...
Nicholas Mann
LLC for rental properties
Quick question. When creating an LLC for a rental property and subsequently having rental checks mailed or deposited. Do most investors use there home/primary address or is it wise to use a PO BOX or separate address....
Yang Zheng
Should property management company provide a W9 and copy of ID of tenants to landlord
I received a lot of good advice from my last post. So I figured posting another one. I am in Boston and manage properties for friends:I provide a copy of tenant ID to the landlord and ask the tenant to sign W9 so I ca...
Bryan Sowieja
Rental Property Checklist
Asking the forum to share their favorite Rental Property/Landlord Checklist:
I'll start:
New Tenant Move In Checklist: All these items occur after the showing and before they get keys.
Signed...
Richard M.
Security deposit deductions
I'm preparing for my first unit turnover and am trying to determine what is reasonable to deduct from the security deposit.
There are some fairly deep scratches in the hardwood floor but unless I want mismatching ar...
Gerardo Escutia
1st private money borrowing for short sale
Hi guys, I am in the process of putting a bid on a short sale home. This year I purchased 3 buy and holds, so I am running low on funds. I found a great deal and do not want to let it pass. My brother and brother in l...
Zachary Elliott
Best Expense Tracking for Small Landlords
I'm curious about what other small landlords are using to track expenses on their properties. I'm not entirely opposed to using something like Quickbooks, but it seems like it comes with a bit of a learning curve. Rig...
Khaled Eissa
What is a reasonable pet policy in Providence?
I am renting a property in East Providence, I have a potential tenant who has 2 dogsWhat is a reasonable tenant policy in this area?