We are closing on a 16 unit complex on July 2nd. The current seller is asking for prorated rent outside of closing. Im wondering how this has worked for others. Should the seller be paying " expected" rental income to...
Is there a time period in which a landlord is required to claim late fees? My landlord is telling me I need to pay late fees from four or five months ago. She lives in San Mateo and I live in Sacramento. I'm required ...
Hi all,Need some wisdom. We have a house we want to purchase for a STR that comes in at $170,000. I am approved for a DSCR loan with 20% down and 8% interest. (I am independent contractor for less than 2 yrs, so conve...
How do we get paid and who exactly pays us when we put a house under contract and assign it to a new buyer
I'm using VRBO (for my vacation rental) but have had a bunch of potential renters turn away as a result of all the added fee's that VRBO attaches to the quote. In some cases these additional fee's can be almost doubl...
Hello all,I have recently become a landlord and was approached by one of the tenants who was asking whether it would be feasible to pay rent through venmo as they had done previously. My question is if I were to colle...
My tenant has been trying to figure out online payment, her Jun 1 due rent payment was pending for 3 days on the Turbotenant payment portal before it was returned "due to insufficient funds", she had made a second att...
Hello,Soon to be new landlord! Currently have a property in mind and the numbers check out. My question I am now down to is which software would be best/easier to use :123Landlord or Erentpayment. If anyone uses eithe...
This step-by-step resource is designed to demystify the often complex world of lease agreements, providing you with a clear understanding of the process. We'll explore the importance of a simplified and transparent pr...
Hey folks! I'm working on my first rental and trying to understand the best practices for how to use the template leases I can find. For example, below are three sections from the BP landlord forms lease. For (C) (ii)...