Henry Clark
Self Storage- Customer Insurance
Well it rained, so that is great. We were bone dry. Can't do any dirt work at our new Self Storage site today. Here are some notes on Customer Self Storage Insurance. Enjoy sharing our experiences whenever we have dow...
Robert L.
How to record my owner financed note?
I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Qui...
Mel Hayes
Moving to electronic rent collection
Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions. I inherited a tenant who has been getting their rent ...
Lizina Green
Seller Financing and Taxes
I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...
Christopher Beasley
Should you buy and hold even if it doesn't generate cashflow?
I am using my VA loan to purchase my first 2 properties. I'll be using my whole entitlement of $675k (based on my location), so one house will be 320K and the second will be about $320K. I plan on buying the first thi...
Ben M.
Removing online payment after bounced payment
Hello All, is it common for property management companies to block tenants from paying online after they have a bounced payment? Why would they do this? Wouldn’t this just result in tenants even missing more payments ...
Jaziel MaldonadoRoman
How do I properly lease a room for a househack
Currently in the military and I'm do to close my first single family in the next couple days. I have a fellow member that's I'm going to be renting a room in the house for and would like to set up a proper lease agre...
Jarvis Naylor
I just Purchased a duplex, canI witch collecting rent?
I just bought a duplex, the previous owner way of collecting rent was in person. I want to collect it through Cozy am I allowed to switch the way rent is collecting? #2 if the previous owner has a month to month leas...
Caleb Smith
Timeline for Paying Contractors
I am currently working on my first BRRRR deal and recently received an estimate from a general contractor I plan to work with.For payment, he stated he needs approximately 25% of the overall estimate upfront as a down...
Marc S.
Rent collection suggestion?
Can someone recommend a rent collection website that does not charge the tenant a fee to pay rent via ACH? If anyone has had a good experience with a particular website, I would appreciate a suggestion. I am closing o...