Rena Barron
New Multi Family Investor
So, I just purchased my first duplex. I have a tenant in there now. Do I introduce myself to him? How do I talk to him about the payment. Also, the bathroom and kitchen need renovating a little. I don't want to go in ...
Anthony Wick
Some weeks are better than others...
So, a week ago I finished upgrading the duplex I purchased August 6. New paint, carpet, ceiling fans, etc. And then, two new tenants at very nice market rents. Market rents that are $400 per unit above what the last o...
Emleigh R.
Shared electric meter |two flats |landlord issue
After 9 months of paying £31 direct debit, I had a £400 electric bill with the premise that I wasn't paying enough. So it went up to £55. For a 1 bed it didn't make sense. It turns out my electric bill and feed is als...
Michael Glaser
Collecting Rent Thru Personal Acct For My LLC
Situation: I have 4 properties under a commercial loan at a local bank in KC. I'm unable to have myself or anyone collect rent as I work abroad. I'm going to be instructing my tenants they'll need to deposit the rent ...
Chuck Dangar
LLC? Check. Business account is next. Now how do I...
I set up an LLC and now I'm about to open a business account with the LLC and EIN#. I'm doing this to try and separate this business from personal everything if possible and now I'm wondering how I get the money I've...
Reginald Silva
Digital products to manage your rentals
As a new investor, I am interested in which products are leading the market in:1. Rental Advertising.2. Tenant Screening. 3. Rent payment software/portals.4. Real estate-specific property management tools.I am closing...
Michelle Garcia
Landlord knowledge: How much do you need to know?
Greetings! I am excited to jump into REI! However, I wanted to know how much do I need to know about being a landlord before jumping into a multi-family property. 1. Best way to introduce myself to the tenants? ...
Vernon Henry
Rent Lost in Mail
Hello,
I need some advice. I have a tenant who pays rent with postal money orders by mail to our PO box. They have been prompt and reliable and are good tenants. This months rent has not arrived even though it was ma...
Account Closed
Is Bank of America BSing me?
Bank of America says using its merchant services for lending money is prohibited. I then asked the representative, can i open a regular business account for my private consumer lending business where customers pay me ...
Ivan Vasquez
To Landlords - whats the best way to collect your rent?
I’m a new landlord for 2 properties. What are the best ways to collect rent?