Tony Hightower
Question about payment from Property Manager
How soon after the first of the month do you get paid from property manager?Reason I ask is, i am inheriting a PM and am being told they forward funds on 15th of subsequent month. So, June's rent is sent to Owner on 1...
Martha T.
Notice to Tenants to Pay Rent Early?
Hello all, I've searched the forums on this topic but can't find it. We are newbie landlords going on 3 months now. We have a planned trip during the first week of March - can we ask our tenants to pay rent early? How...
John S.
Creative way to write off travel expense?
I live in the DC area and am a landlord, but went to LA to see if there were good property deals. I didn't find any good ones, but because of the trip, I've decided to buy something near the DC area. Can I write-off t...
Jeremy Paschedag
Rent Collection - Dwolla
I've seen posts here talking about getting stiffed on payments with charge backs when a tenant utilizes PayPal. Does anyone use Dwolla? Any reversals happened to you?Thinking of saving time by not going and picking ...
Carlos Flores
Vacation Rentals - How do you handle reservations, deposits?
My daughter wants to rent a condo that's available for daily rentals, like a vacation rental or hotel. It's listed on Trip Advisor. The owner asked the deposit (50%) be mailed to reserve the unit, but had no paperwo...
Gary B.
Daily work order management
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Arsalan Augend
Acquisition time for RE Professional Status
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
Andrew Fusco
Sump Pump goes out and makes a mess while VRBO renters are there.
The sump Pump stopped working and made a mess due to something a previous vacation renter flushed down the toilet. How do I handle this Terrible situation with the tenants and any advise in the future?
Jessie Chang
Is it possible to own a mobile home park and manage from out of state?
Hi fellow BP's!Heard great things about mobile home park investing. For those who have experience with this niche, is it possible for me to complete due dilligence and also own an entire park and run it from out of st...
Anna Gordon
STR with Mid-Term request
I have a previous guest that would like to rent my place for 3 months. What are things I should consider?