Mathew A.
Property manager wants a W-9 from me
My property manager said, "I need a W9 from you to complete your 1099 correctly. I am required to send you a 1099 that states your rental income."
Is this standard practice, and do I still need to get a W-9 from her?
Paul Winka
Foreclosing: How to handle current tenants before the auction?
As a lender, I have a delinquent borrower that won’t pay and I’ve begun the foreclosure process. I am prepared to make this my own rental property if the auction doesn’t work out like I want.
The house is occupied,...
Loren Oatman
New York Landlord and Screening software.
I live in upstate NY and with the new tenet laws we can not ask if they have ever been evicted. We can only charge $20 for a back ground check. We can no longer ask for an application fee. With some other disturbing t...
Stephen E.
First and last - when?
I am leasing a unit at the moment and it causes me to think about leasing practices. I usually ask for first and last month's rent at lease signing, which can be anywhere from a week to a month before move in date. So...
Lorin K.
Tear down and build larger vs rehab and sell?
Seems this is the trend in more expensive cities like Seattle and in Vancouver. Doesnt this go against the grain of investing in income properties? What happens when the economy turns sour and the vacancy rates drops ...
Melissa D.
New to the rental market - need advice how to screen tenants and steps to lease
I have 5 showings this weekend for prospective tenants for a condo I own. I used Zillow Rental Manager to list it. Seems pretty easy to use. But I am reading mixed reviews on Zillow's background check. What is bes...
Andrew Clark
Advice on first rental property
Hello just getting into my first rental property in north west Indiana. Any advice as far as contracts rules and communication with tenants is greatly appreciated! Thank you
Benjamin Mueller
First and last month's rent
Just curious who here collects first and last month's rent plus deposit when getting a new tenant? My curiosity is can you evict after missing rent for one month when you techniquely have anoher months rent? Where I h...
Bjorn Ahlblad
First and Last Month's Rent + Security Deposit Prior to Move-In?
I am surprised at how many LL seemingly do not collect First, Last and security deposit at move in. I thought everybody did? Security Deposit for us is equal to one month's rent. What's y'alls practice on this?Thanks ...
Dustin Beam
Skipping last month's rent
Is this a common occurance in your experience? I know it happens, going through my first time now.Of course I traded some texts, and said I'd prefer to not go the legal route, but she wasn't going to pay so now we are...