Moon Molson
Just Got hit with a Nearly $500 Tenant Water Bill!
Philly Landlords,
I am paying the water utility on my East Kensington duplex and just got hit with a $485 water bill (when it averages $112 in the summer)! I sent the plumbers in, and they found a leak in the wall du...
Dan Barman
3% commission on hard money loan?
Am considering going in as a first time investor / hard money lender (limited partner) on a large (150+ unit), ground-up multi-family.The opportunity came to us by way of one of the managers of the deal, who is a frie...
Hilda Sandoval
Rent Collection Apps and Managing Multiple Property Bank Accounts
Hello Everyone!
I am excited to share some news with you—I recently purchased my first rental property last week, and I'm currently conducting viewings for a second one! As a new landlord, I am eager to learn from yo...
Nicholas Sorace
How much should it cost to transfer my property to an LLC?
I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would...
Michelle L.
Security Deposit dilemma for 30 day stay with Furnished Finders
I've listened to multiple podcasts and was inspired to move to mid term rentals on my 2 Airbnb properties in Hilton Head. I have some interested parties but I'm stuck on how much to charge for a deposit for a 30 day ...
Account Closed
being charged 5.125% mortgage rate for credit score of 845.
Hello,I am buying my first out of state investment property in PA. 3/1.5 SFH.Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.Similar fixed up properties there are going for 150-155k in tha...
Luke H.
overlooked/ common deposit deductions, no fowarding address
Hope all is well.What are common and overlooked deposit deductions? Including pet deposits?If the tenant doesn't leave on the date can I charge for the extra days?What about my holding cost until I get it rented again...
Faustin Hoover
Property damage on rentals
Hello all I do not own any rentals yet but I am looking. I have a question for those who do own them. If you have a tenant who damages your rental property and you try to bill it on their credit card you have on file...
Jackson Long
Late fee limits for Pierce or Washington?
A while back I looked into this and came away believing that there was no limit to what you could charge for a late fee as long as it was in the lease.When my son was young and in day care they had these ABSURD late f...
Jeffrey Morrisey
NY State Articles of Organization address for LLC
I just received my New York state Articles of Organization for my LLC. I payed a lawyer to form the company as part of an acquisition I'm making.They used my personal physical address instead of the registered agent I...