Is it a good idea for landlords to share the costs of repairs with tenants?Example, an AC repair costs $525. Should I tell my tenants how much this repair costs me by sharing the receipt in the maintenance record?I’m...
Hi everyone, I’m in escrow. I was able about 20k back from seller. My closing cost around 11-12k. I want 8k to go to home improvement credit to an invoice contractor. My realtor agent said it is not possible and pus...
Hello, we have a STR that is 100% direct book. We are currently set up that we charge a per person rate instead of a flat rental fee. We rent to small groups where the group coordinator usually reserves the STR for a ...
Hello everyone,I have listened to many books in the last two years that cover the real estate gamut and several business books that include generic concepts like how to manage people and structure your business howeve...
I have to use the entire security deposit to cover lost rent. The invoice for rent is created. If I just issue a credit memo how do I DR the balance in the tenant security deposit? I don"t want to create an "item" ...
My tenant could not able to pay rent for last 3 months and i had to file eviction on him and received go ahead from Judge to evict him next week. Lease expiration date is end of 2019. Total past due is around 7k. SD i...
Hi all. Want to rent our our sf ranch northeast after purchasing a larger home and considering using a PM. My wife, the boss is fast food. What's it going to cost? I've searched the forum and seen trends of first mont...
The worst Insurance I dealt with - I had a sewer backup on one of my condos - and when I wanted to file a claim they say the policy does not include itA while ago another property had the same issue - and no issues wi...
I have 2 properties in Indianapolis that are under one LLC. The LLC is registered in Indiana, but I live in California. I currently have a registered agent that is charging way too much, $500/yr. I am looking to r...
Hello.I purchased a lot to build my home about 20 months ago. I spent about $30,000 to remove the existing foundation. Now, I am going to sell the lot. Can I deduct $30,000 from the sale price in order to calculate...