Bill Connell
Non-CCard Payment Options
I am under contract for an 11 unit beach front property closing in January. We would be offering weekly rentals in the summer. Monthly in the off season. A major expense is commissions for CCards that I’d like to move...
Stan Mend
Can PM Company legally charge tenant monthly administrative Fees
I have a general question about Management Agreement :-Can Property Management Company legally charge tenant MONTHLY administrative Fees for Pets. There is a one-time non refundable deposit (administrative fee) per ...
Kevin Brenner
Cosign or Form an LLC?
BP Fam,I have a 4 unit under contract and I'm looking for a bit of advice on the best way to purchase this property. The property is under contract for $318 and needs $55k in rehab. The ARV is $485k. I will be BRRR...
Aviram Bilder
Tenant with no security deposit
Hello everyone,I have recently bought a small multifamily with tenants in place, on a month-to-month basis. The previous owner did not ask the tenants to provide him security deposits.I have decided to raise rents in ...
Kenny Rains
Pet Fee in Chesapeake, VA
I've done a little research but I don't see much on pet fees. I'm strongly considering allowing pets as I have a vacant property and I believe this will allow me to rent it faster. I don't want large pets so I plan to...
Alan DeRossett
What raito of EV charging ports are you adding to multi family ?
One-third of my existing tenants plan to switch to Electric Vehicles within the next 4 years. So was using the Sothern California Edison Port estimator tool for Multi-family dwellings and it wants to know what ratio o...
Sydney Hunter
Tenant harassing other tenants.
I owe a duplex in rural Illinois with an inherited tenant on one side. This man doesn’t take care of the place and has a drinking problem. Recently a single female tenant moved into the other side and on the very firs...
Pat Jackson
Adding coin (or some pay to use) laundry at small multis
I know this question has been asked before. I'm convinced it's worth it. Here are my questions.When adding coin laundry to small multis (I'm really talking 4-plexes), how is:Rentability impacted? I know I wouldn't wa...
Theresa Merkel
What should I do with my primary residence?
I am 40 and I own a home in SW Florida. I will have owned this current home for 5 years next month. If I put it on the market as of today, I’d probably walk away with $60,000-$70,000. My current mortgage is 30 year 4%...
John Laney
Will the Aug 17th NAR settlement cause some buyers agents to charge an hourly rate?
For those that don't know the Aug 17th NAR settlement will now REQUIRE realtors sign a contract with their clients PRIOR to showing their first house. While not explicit, the contract is written in such a way to enco...