Eric W.
How do you keep your expense receipts organized?
As a new investor and someone who is meticulous with keeping things organized I'm just curious how all you experienced REI keep your expense receipts filed and organized?
Thanks,
Eric
Trey Klauss
Improving Tenant Experience ideas
We have owned and managed rentals for several years, however we are looking to improve our tenant experience especially with day 1. Do you use Welcome Letters and Folders for handing over the keys and day 1? I have he...
Richard Moreno
Eviction time.. again! Providence RI
I actually am looking fro recommendations for eviction attorney! And I thought I would share whats going on. This should be a continuation of one of my previous post, because it has to do with the same tenant.This is ...
Aly W.
Bank is requiring a $2500 deposit on offers
I'm considering making an offer on a REO that was originally listed as a short sale 18 months ago for $260K. It's now at $185K. It would be a rental property, and given the formula for rentals and the repairs required...
Charlie Moore
Collecting cash? Or other routes?
- Do you accept cash payments from tenants? What are the benefits of “ CASH “over other alternative payments?
Karen Young
would like proof that roof was repaired prior to my purchase
Prior to purchase, an inspection revealed several things that could potentially lead to a roof leak (missing flashing, DishTV antenna screws not sealed). The seller asked the HOA to fix these items. Now I own the prop...
John Morgan
Anyone ever get audited by the IRS?
Just curious if anyone has ever got red flagged or a random audit from the IRS for their rental investments. I haven’t yet, but wondered what that experience was like. I keep good records, but hope I never have to go ...
Anil Thomas
Question about tenant damage to hardwood floors
Hello BP community,Wanted to get your advice about repairs to our rental:We have just had our first tenant move out of our rental home. The tenant had put a plant pot on the hard wood floor on the first floor which c...
Dawn Anastasi
Warning signs an applicant might not be the best
I've had lots of showings and met probably hundreds of applicants over the 5 years I've been a landlord. And I've noticed that there are some signs that signal you that an applicant might not be the best candidate, b...
Chris Roche
Background checks for new tenants
Hey all, What measures do you take before renting to tenants? How do you do background checks? How do you do credit checks? Any advice would be appreciated.Also, how do you collect rent? Do you have a check mai...