Todd Chandler
Best Practices For Co-Hosting
My wife and I own two short term rentals here in Georgia and manage them ourselves. We been very successful in doing so. We have been approached by a fellow STR owner about co-hosting a single property for them. ...
Tyler Lingle
Which software would you use to self manage your rentals?
Eventually, I will be transitioning my units over to self management. However, to make that work I need strong systems. One of those being a solid rental software management system for housing leases, documents, manag...
Geoffrey Serdar
Lease clause that adds interest to defaulted payments
Hello,Although I haven’t dealt with it personally, a friend of mine has. If a tenant doesn’t pay rent, and the process for eviction is filed. What recourse can landlord go for missing rent payments?Do you have verbi...
Kenny Dahill
Owner Bank/Account Options
As an owner, what options do I have regarding where my property manager tracks the rental revenues? I have an accountant so I'm curious if they are allowed to send all checks and invoices to them.
As an owner, can I...
John K.
Sample Letter for Fines resulting from Snow Removal (or lack of)
I'm looking for a sample letter to include with a municipal fine I'm going to mail a tenant. Our lease on file states that tenant is responsible for municipal fines, and they failed to remove snow at one point and...
John Reid
Best methods of collecting rent
BP Friends,How do you guys collect your rent? Do you have an automated way for your tenants to pay or do you accept checks or cash. I am closing on my first duplex in a couple weeks and I am trying to get all of my du...
Nathan Huyett
Help with DTI breakdownn
My wife and I have started looking for a new primary residence. I hold the mortgage for our three-unit property; my wife holds the mortgage for our current home. When speaking with a lender, he indicated that if I tak...
Robbie McKnight
Relationship between landlord and property managers
Hi Guys - I'm new to the rental property game and I have a few questions regarding the relationship between a landlord and property manager.
How does the billing and banking between landlord and property manager norm...
Matthew Spiers
Contractor Completely Overcharged Me - No Way to Pay
Hi everyone,I've been building a 4-unit property in FL and I had a specialty drywall contractor I had to hire for a fire-rated ceiling. They had to do some work outside the scope of an initial contracted amount of $19...
Rose Ventura
Signing an invoice rather than a formal joint venture agreement ?
So, I had a bit of trouble finding an end buyer for a certain property . After a month I gave in to a wholesaler wantingTo JV the deal . BeingSkeptical .. I gave it a shot as I had nothing to lose . Well now, he wants...