Just a quick thought landlords. If you are collecting rent via auto draft from your tenants how is that going? If you are not, why? We do and it allows us a starting point early each month of knowing who we will be ...
For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...
I'm purchasing my first property and will (hopefully) be renting it very soon. Is the most common method of collecting rent just having your tenant mail the check, requiring that it be received by the first of the mon...
I am a landlord who is interested in knowing how to get rents without tenants using the mail. I know there are banks who will do direct deposit, but some charge for this service. Any suggestions you investors ha...
In all my leases I add a $25 per dog or cat pet-rent on top of a non-refundable pet deposit. An applicant wants me to add some verbiage indicating if his dog kicks the bucket, I will reduce the rent by $25. That was a...
Hi Guys,
I bought my first rental property on the 23rd and already have a tenant from out of state. They already passed the smartmove screening with A+, paid deposit and applications fees. My question is, whe...
What method do you use to receive rent payments? Is there cost associated with these payment methods? I am looking for the easiest, cheapest way to receive payment for rental property out of state.
If a landlord would like to raise the rent on his property how would he word the letter that he will be sending to the tenant to inform them that rent will be raise. Also how days notice should the landlord give the t...
Hey gang,I was wondering, who exactly should one go to when they want to find out the different rent rates that tenants are paying for in a certain area?
What month is the best to raise rents? Is any month better than others in case of a move out?
Thanks for any help...
Mike