John McDermon
Late fees in CA
I have a tenant 1 one year into a 2-yr lease in a 4 BR/3 Ba SFR in SoCal. He's a good tenant as far as taking care of the property and not complaining about the little things. But, recently he's begun to pay late. Th...
Dennis O'Loughlin
Typical Management Fees
Good evening y'all! My wife and I recently bought our first rental property with a good potential ROI calculation. We met with a potential property manager this afternoon and we were a little surprised by the amount...
Justin Dragon
Solutions for submetering water in a multifamily
Good morning all,I just secured my first triplex in the Hampton Roads, VA and am looking to optimize cash flow. Does anyone have any best practices to equitably charge tenants for water usage? Set up has 1 detached un...
Account Closed
What bills should my tenant pay
What utilities (water,gas,electric) should my tenant pay and what about garbage pick up and gardening (mowing flowers)
Andrew Li
Seller Financing Terms on Property Installment Sale
I like to seller finance California rental property on "Contract for Deed" installment sale to spread out capital gains tax over multiple years.
Seller gets down payment. Buyer gets equitable title to use and possess...
Rina D.
Anyone with experience with REI Nation/ PPMG in Tulsa OK?
Hi everyone,
Does anyone have any insights/experiences to share about REI Nation's PM services in Tulsa OK? I would love to hear the good, the bad, and the ugly! :)
My husband and I are relatively new remote investo...
David W
Repair price list
Hello, I went to a Pete Youngs real estate seminar and he had a sheet that listed the repair prices for items for any damages tenants left him with. He would have his tenants sign it upon move in. By doing so, he re...
Peter Ricca
Tenant dishonest about pets - what would you do?
Hi BP community,I purchased a SFH in a Columbus, OH suburb. Got 2 tenants to rent the house for slightly above market.Their credit is awful, but their income is solid so I went with it. I allowed one dog in the lease ...
Trevor Levine
Can a WY LCC own a % of a CA property if it's a passive investor?
I own 20% of a CA investment property. I'm a T.I.C. partner and passive investor. Meaning, the 80% partner is doing everything from renovations and repairs to property management. I do nothing except receive quarterly...
Johann Jells
Would you withhold security and how much?
Tenant of 2 years moved out and left the place barely broom clean, but with food and dishes in the kitchen cabinets, lot of nail holes in the walls, the floors in dire need of mopping and marks on the walls. They were...