Some properties are self-managed, so we create an invoice for each tenant, and mark them as paid as rents are collected.When collecting rents that go through property managers, I am not sure what the best practice is ...
I’m thinking about putting in an offer on a duplex. Both units are currently occupied with leases expiring in Dec 2024 and June 2025 respectively. In general should I try to stay away from tenant occupied units or i...
As a real estate investor, I've learned that you can talk about anything. To make deals go through, you need to get along with buyers and understand what drives them. I quickly learned that just because I signed a ter...
So I've got a couple rentals posted on Craigslist. I get an inquiry from someone in the U.K. who is transferring here and s/he absolutely loves the house. I tell them the rent and security deposit.
So next email I ...
For example, if I state on my return I made 21000 for the year from a duplex, while one tenant says they paid 12000, and the other tenant says they paid 13000. Anyone know if the IRS computers go through and compare ...
Hi, I'm thinking about charging pet rent instead of a non-refundable pet fee. Does anyone have any experience with pet rent? Can I just update my pet agreement and change the language to a monthly payment or do I need...
Here is my dilemma: My tenants just moved out (20 days prior to when their lease actually ended), but they left the house in less-than-ideal condition, after living there for only 2 years. - They were big fans of han...
Hi there,
My business partner (Jordan) and I need some help calculating the profit for our recent fix and flip in Denver, Colorado.
We, as a joint partnership, originally purchased the home for
$340,000. Jordan ...
Hello BP, I rehabbed and rented out my first rental property this April. Everything was going ok, until I got a bill for the water service between May 16-June 14 ...they offer a program that switches the service back ...
Got this email from the tenant.... What would you say??I'd say one of the worst parts of the job is doling out responsibilities when there's repairsAtwan, Just wanted to let you know that we had a shower tile break l...