Lewen Ninemire
Incentivize tenant to move out on month to month lease
Hi, I am closing on my first duplex on Friday! My family and I are moving into one side that has a tenant that is month to month. We are planning on giving her an official notice, I have already spoken with the tenant...
Steve Fitzgerald
Separate account for each property?
I have a short-term rental property and a long-term rental property. Right now, income and expenses are coming out of one account for both properties. From an accounting perspective it seems to be working ok, but is ...
Rob Alentajo
Roommate Sec Deposit
How do you handle sec deposits in relation to roommates. I presume u divide the sec dep by the number of roommates, and each gets their own escrow account? Or do you put it one with all names on it?What do you do when...
Steven Silbert
Separate Bank Account
As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
Chase A.
Who pays utilities in multifamily homes?
Hey, I'm very new to real estate investing. I was wondering who pays utilities in multifamily homes. If it is separately metered do the tenants pay? And if it isn't separately meted does the landlord pay?
Lee K.
What are the issues with renting garage apartment and home separately?
I'm considering renting my home and moving. I have a detached garage apartment that I have rented via Airbnb. Can I rent to separate parties? The utilities are included with the house so I know that will likely nee...
Jeff S.
Holding properties in separate entities with separate bank accounts.
I understand it's a smart move to hold each property in a separate entity, but what about separate bank accounts for each property as well. Would it make sense to have 100 properties, in 100 different LLC's, with 100...
Dave K.
accepting rent in multifamily
How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
Kris A.
Single lease w/ unrelated tenants vs. separate leases in SFH?
Hi I have a SFH I currently rent out. It's a 3Bed rowhome. I've always had it rented out to separate roommates (especially when I was househacking it as a tenant) on separate leases. Now I'm considering this as a hass...
Taylor Beal
Tenant Utilities-Move Out
Hi All, I have a tenant moving out at the end of this month. However, they live in a city where we are required to keep the water in the owner/property manager's name and bill separately. Has anyone dealt with this in...