We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...
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...
Hello everyone! I'll be closing on my first house hack tomorrow and I realized that I have no idea how I'll be collecting rent. My first thought was just Venmo or some P2P app like that, but then decided I probably wa...
Greetings BP family!I want to know how many landlords here give receipt or confirmation of any form to acknowledge rent received from tenants? From my perspective, it can be used to:1. make tax reporting easier2. reso...
Hi guys, what kind of system do you have?I have a sticky note with a list of my properties and every month I go to my bank account and check which tenant paid and which did not.I use the same sticky note with the list...
I recently bought a duplex and went in yesterday to meet the tenants to inform them that the property was under new management. Safe to say it didn’t go very well as the previous property management company didn’t inf...
Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...
Hi there.I am still a newer investor when it comes to the note space, but I have come across a situation where I am curious to get input from more seasoned investors. Do you ever consider the location of the property ...
I've Been reviewing all of the rental management software bigger pockets has advertised and trying to choose one. I only have 10 units at this point so is it even worth my time?