Evening all :) We just got our second duplex under contract this morning, so I'm starting the to-do list of what needs to happen before we move in (house hacking again). I know a lot of people recommend having a sep...
I always used "Make Deposits" or "Create Invoices" to receive rent in QuickBooks, and it was all good. Now, for the reason I don't understand, when I create a report called "Transaction Detail by Account," (which is o...
What forms of rent payment do you accept? What is the most common method used by your tenants? (cash, personal check, e-check, autopay, credit card, cashiers check, etc.)
Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...
I have a situation where a tenant is backing out of the lease due to health related issues. They had signed a lease and as they was moving in, found out the home just isn't right for them. I have since then found a ne...
This may just be a question for the Post Office but it's 7:30 on Friday night and being a millennial I want to know now. Is there a type of forwarding process that can be put in place instead of a physical PO Box? I'd...
I read about estoppel certificates and get the concept. Would it be out of line to request them as a buyer in a residential (fourplex or less property), or is that overkill and/or just not done?
Last month my tenant paid half the rent with promises to pay me the remaining half in 3 days. He paid another portion, but was still short $50 on total rent.This month (november) I told him full payment had to be in b...
Hello!
I have some basic LLC strategy questions. I appreciate any input or resources you can direct me to. Thank you!
A quick background on my situation to preface my questions: I own two duplxes with mortgages on ...
Hi,I actually started using this forum to help me invest out of state, but found out I need help with my tenants here in LA.I have a 3/2 condo here in LA (near Pasadena) and currently rent it out to 3 young profession...