Hello all, I am located in Cleveland and I already have one rental property bringing in $1300 a month in rent. I am ready to tackle my second rental. I am only looking to buy something for about $30-$35k and I have pl...
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Hi all,
Just recently listed my first property on Airbnb and I have a couple questions about taxes. If I understand correctly, Airbnb automatically collects Anchorage muni 12% tax from the guest (see article here) an...
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I'm hoping someone could help me with this, I live in Illinois and a friend of mine is moving out of state and asked me if I could take care of the management of his property, but according to what I've read in this s...
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What is a good way to compensate a realtor who finds cash buyers for you through MLS? I have a friend that is a realtor and would like to compensate her for helping me. Also, how do we use realtors in a wholesale tran...
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My tenant got mad after I legitimately deducted $600 from his security deposit for cleaning fee and damaged furniture so he reversed his last months rent on cozy. I immediately put in a block with my bank to stop the...
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Got a phone call from my Agent today & according to a meeting he had with both of his brokers if you are not a licensed mortgage broker or realtor you are breaking the law by negotiating a SS in the borrower's beh...
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For a small multi-family property such as a fourplex, how do other landlords who do your own property management handle the city trash collection services?Here the tenants share the waste carts. Two carts for regular...
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This goes out to the property managers out there. Most property managers I've dealt with have as part of the rent agreement included a mailing address for rent collection. My current PM (in Rochester) though actu...
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What are the typical costs to have a property manager assume existing tenants? Since there is no tenant placement, what fee is normal to have them takeover?
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I am currently researching different marketing strategies in generating leads for wholesaling, and utilizing some of my current relationships with realtors seems like a great place to start since it doesn't require an...