How does everyone go about this. The property management company repairs a problem in a rental that the tenant caused (say broken window) and then sends you the invoice for repairs. Do you pay the invoice and wait for...
Hello everyone, I'm in a bit of a bind here and need some help. I have a property in Chicago that has been being managed by a property manager. I feel like I'm being taken advantage of and want to know if there is any...
We gutted a unit and hired an electrician to install new can lights, rerun all the electrical in the kitchen, install a larger breaker box, etc. The company is run by the owner and he has 4 electricians work for him,...
My friend loaned me 100% of the 15k purchase price for a fixer upper with 5k cash out for repairs.I completed the rehab with 25k from my home equity line.For his security, we put the house in his name. Option 1. Sell:...
My recently departed tenant's deposit was not enough to cover all the repairs (repairs NOT due to normal wear and tear). what is my recourse? I am in Colorado. THANKS IN ADVANCE for any suggestions!
Hi all, I’m a property owner in SC and use a PM. Recently, our PM company responded to a work order to fix a malfunctioning microwave. After diagnosing the issue, noting that replacement parts weren’t available, and ...
So the big question for a lot of newer investors and some experienced investors is how to make sure you keep a good contractor as well as your investment and personal interests safe? Well, there are a few different wa...
As we already know: Alabama Tax sales allow immediate possession upon demand - but when the demand is not met within 6 months of tax Certificate purchase (with demand), then the tax purchaser must file ejectment. Ill...
A friend of mine is using OneRooftop for hosting his vacation rental website that synchs with VRBO, Airbnb, etc, but also allows him to take direct payments from his website. I'm considering looking into it, as suppos...
So I came across a problem today... I have been using Intuit Payment Network (product of Quickbooks) to collect rent for 3 of my properties. I went to add a 4th and 5th property today and I found out they no longer ...