Luke Grieshop
Low BRRR Appraisal - How to handle?
Hey everyone! I'm in the refinancing process for a BRRRR deal I just did, and the appraisal came in much lower than my partner & I had anticipated. We felt we had 2 strong comps to justify pricing, which sold in t...
Christopher Nerio
How to best handle boarder income?
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
J Greenspan
How to handle a Lease Extension?
Hello everyone,
I know this is probably a dumb question (sorry in advance), but how does it work if I used a RE/MAX real estate agent to find a tenant/prepare the original lease, and now the tenant wants to extend th...
Louis Aller
How to Handle Renting to Waiters?
How do you handle getting applicants from waiters/waitresses and other jobs that are partially/mainly paid in cash? It doesn't quite seem fair to completely exclude people who earn 3x rent but obviously can't substant...
Joe Edwards-Hoff
How to handle split damage deposit?
Keeping it short, being Im posting this on my phone.
Got a house that has 5 college guys living in it with 5 separate leases, one per room. They each paid a $300 deposit. Two are moving out and 3 are renewing th...
Corey Pascuzzi
How do you handle Lease Renewal?
The lease at my SFR will be up in May and this will be the first time renewing. I thought it would be pretty simple, but then I started thinking about it more and came up with so many questions. Are there certain la...
Bruce L.
How to handle Renter's Co-Signer
Hi guys,
I have an application in for my property. Here's the story.
Single mom with 1.5 year old girl, about 6 months ago separated from her baby daddy and moved in with one of her friends.
...
Dawn Birch
Correct way to handle DNC list?
What are the thoughts around DNC list? Abide? Do not abide? Consequences?Thank's, in advance for your feedback!
Robert Burns
Best Way to Handle Prohibited Transactions
What's the best way to handle prohibited transactions in an IRA, ie, mistakenly taking monthly lease payments and claiming as income and paying taxes on that income. What should I do to resolve past prohibited transa...
Tatyana K.
Early termination - how to handle properly
Hello, I'm a new landlord, and would appreciate your input.My current tenant decided to move out. He switched jobs and his commute doubled. However, his still within the metropolitan area, early termination clause doe...