Nathan Gesner
Holdover Tenant: How do you handle?
The tenant was supposed to be out on February 18th. There's been no communication or payment or prorated rent for February. I drive to the house and see they are still occupying. Dog is barking, someone is yelling at ...
Sophia Berry
How much to charge Builder if they go past deadline date
Hello all,
I bought 3 lots in a subdivision and will be finishing up on the 1st house. Before starting the 2nd I wanted to put into the contract a clause that indicates a daily fee if they go past the due date. Does...
Luis Lizardo
Short Term Rental Schedule C vs E
We are closing on a property on Pigeon Forge, TN which will be used as a short term rental. The total use of property will be for <7 days on average, however we will not be providing substantial services to the gue...
Julie Groth
Form 8825 the correct one for STR income?
I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...
Dan Costantino
First flip / rehab: Managing a contractor for the first time. How hands on is too hands on?
I started my first flip. I seem to have a competent GC. I told him this was my first and that I want to be involved so I can be more hands off on subsequent projects. But how much is TOO MUCH?
I stop in every other...
Michael K Gallagher
My constant battle between what is urgent and what is important
Don't know about anyone else, but I feel like my personal daily battle is between doing what is urgent and fuels my raging undiagnosed ADHD, or what is actually important.I've done a ton of work on this over the past ...
Logan Schmidt
New member in California
Hello everyone! Just wanted to introduce myself. My name is Logan and I live in Lompoc, CA. Right now I am educating myself on the industry, thought process and strategies involved in real estate investing. I have alw...
Daniel H.
Mortgage Principal
Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...
Christopher Salazar
What do you expect out of your Project Manager?
I live in Chicago and have a project manager running all my rehabs in the Quad City market, and we buy about 8-10 properties per month in that market. If you have used a project manager in your business, what are your...
Tom Henderson
Daily Operational Habits-- Landlords & Investors
Hello Team!Like many of you, I work a full time gig for another firm. I usually put in 55-60 hours for my day job. Needless to say, I need to be smart with my time, and not get distracted with interruptions or shiny o...