Hi all, I have owned my first and only rental property (Single family) for about 3 months now. My tenant moved in 2 weeks after I closed, a couple and 1 teenaged child. It has not been as smooth as I had liked. My ...
Hello, this is long so sorry in advance. :)I've been following this forum for over a year. Now that I'm a host I wanted to give back and contribute to the forum with our experience.
Our journey in the STR space be...
I'm referring to tenants as the previous owner. There is no lease.
We purchased a foreclosure, gave 3 day notice, then served unlawful detainer. Waited the 5 days with no response from tenant. Received the writ of po...
Hello everyone,We own a SFH rental that has been leased since March of this year. I handed keys over to property management at the end of last year and they got to work advertising, got a tenant in there, everything w...
Bought a multi-family in May and the neighbor is a nut job.Has an endless list of complaints, some valid and some not.He called the property code inspector two weeks after closing, and I have a laundry list of repairs...
Should I waive the late fee and accept partial payment for a nurse who works for the government? She “said” her hours were cut at work durning the shutdown, however she never missed a check while the government was sh...
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...
Just wondering what the correct way is to handle business overhead expenses for my rental properties when it's time to account for those expenses at tax time? (i.e. cost for business PO box, Quickbooks, miscellaneous ...