We have just 5 properties, but with turnover each year, it is very time-consuming to figure out security deposit refunds net of any deductions. We use a spreadsheet to track any deductions for issues caused by tenant ...
Hi, I am starting to self manage my rental property and have below Qs. Please help?1. I understand its good idea to have a separate bank acc for rental income. Can it be a personal acc? I called WF and they said for b...
Case: So what I have 4 partners with 25K for a total of 125K on a single family home we are looking at that rents for $1500. How do we structure a contract or deal so that all revenue/profits/expenses/taxes are split ...
I just paid $320 + tax for a plumber to spend 2 hours to clean out a kitchen clog at a tenant's apartment. The clog was like 5' deep and evening causing backup to the vacant unit on the other side.Do you, landlord or ...
I know that on one of the podcasts I heard @Brandon Turner mention giving his tenants a homework sheet or something of that nature.For example it might have on it that they must have utilities on in their name before ...
This blog is not so much of the normal type of blog where I give a narrative on a subject. Instead, it is a request for feedback in regards to property management software (PMS)for rental property. Currently, I am usi...
First off I'll start with my disclaimer:
This is MY version of a "Do it yourself" yellow letter. I know there are other ways to do it and companies that you can pay that will d...
Hey guys I would like to ask you what kind of app is recommended to manage the property by your self including screening , payments , messages and everything basically I don’t live at the state of my properties so I h...
I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...
Hello,I closed on a property that I intend to rehab and rent out. SFH in a class B neighborhood and rent is $1000. It has 10 windows, and most of them are in decent condition expect that they don't open properly, or w...