I always get a lot of questions about how to handle the money so I'd like to go over a few of the basics.
- Touching the Money
Sometimes when people hear the kind of interest I pay they will get so excited about loa...
Just brought a house and found some areas on the wall got separated. Want to know what kind of contractor can repair this gap? Should be the painting guy? thank you.
I'm working on getting my first property ready for rent in west Cleveland, and I'm wondering how to handle the water bill. I know in some cities it's paid by the tenant but in others it's paid by the landlord. How is ...
I'm working on two real estate deals and was pre-approved for both (a Single Family Home (SFH) and duplex). I've gotten appraisals on one property and inspections passed underwriter final review on the SFH. On the d...
I have 2 recurring charges - Rent and another for sewer and trash. They have paid the rent this month, but not the sewer + trash. I am wondering how to handle this and if a late-charge is needed.The lease states the s...
Hello!So we have our first tenant and I'm already starting to collect money from them, but I'm not entirely sure how I should handle their money... Do I need to create a business bank account? Can I just create a sepe...
Hey Bigger Pockets community,I was wondering if anyone has a form that they use (with great success) for handling tenant complaints and/or potential repairs? I have 3 properties, but one of them is an old (110 years) ...
Some of my larger homes are experiencing more guests than we can sleep. I know this is an ongoing issue. I have tried asking guests to invite every adult staying into the Airbnb booking. We send a message prior to c...
I'm house hacking a duplex in Chicago and the winter is bringing a host of new issues to address. I should have thought about this when putting together the lease, but I didn't so here I am now.1. Whose responsibility...
Hello!I hope someone can help me out. I own one rental property and I have a lease option tenant in the house right now. The tenant has a 2 year lease and a separate "option to purchase" agreement. Things were going w...