Taylor Green
Can I put a maximum cap on a tenants water usage?
Hi,
I was wondering if any landlord has put a maximum cap on a tenants water usage? For example, if the water bill comes in at over $75/month the tenant is responsible for anything over the $75. So if the bil...
Keith A.
Need advice - SFH with 3 roommate applicants.
Hi All,SFH being shown by an agent. 3 chick friends are applying together. I haven't been in this situation before. I of course would background check all 3 and all 3 have to meet that criteria, but when I have a mi...
Mary Jay
What account do you use to pay your mortgages on your rentals to avoid comingling ?
Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that ...
David Kirkpatrick
Self Managing Multiple Portfolio's
Hello Friends! As a brand new investor I own two portfolio's totaling 11 properties consisting of 19 & 16 Units. Both portfolios are owner financed and in two different LLC's. I am self managing for now as I want ...
Michael M.
First Floor/ Basement Duplex - Shared Meter Issue - ConEd
Hello all,I own a 2 family in the Bronx. I have lived in the first floor unit/basement since I purchased the house. The basement is attached to the first floor unit, but also has 2 means of egress. Essentially it i...
Michael Biener
accounting for newbie with owner occupied multifamily
Hi all, i have been lurking around bigger pockets for the last 6 months or so. This site is very helpful, especially for wishful newbies like myself. I finally closed on my first investment property a few weeks ago. ...
Marisa Voelkel
LLC for one or LLC for all
Just recently I had a notice from our insurance carrier underwriting that they were canceling or insurance for our rental properties. They apparently have strict rules about what the owner company can be involved wit...
Matt Wood
LA Garage Conversion - ADU/guest house/extra room and AirBnB?
We're in the early stages of planning a garage conversion in Los Angeles. I'm gleaning info from all over the place, but maybe this post can help clear up a few things.We want to convert our garage to a guest house, e...
Douglas McAloney Jr
Best Receipt Scan/Tracker App
Happy New Year! What app is everyone using to track receipts for each property? Can you separate these receipts by each property? Thanks in advance
Binita Mehta
Company to manage own properties?
Hi. Has anyone established a company (llc or other) to manage your own properties? Does it help from a tax perspective? Pros/cons etc.?Thanks.