Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...
Hi guys,
I'm a investor In Oakland county, Michigan (North of Detroit)
I have 36 rental units and on the units that I manage myself I give my tenants a deposit only ATM card ( Bank of America as many as you want...
first post, hi! I'm Kyle. Simple question, was wondering what software (if any) you guys are using to manage your properties? (And tenant relationships) And why are you using? What do you like about it? Hate about it?...
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
So I have 2 duplexes in a city about a half hour away from where I live. My lease gives tenants a 4 day grace period to pay the rent. I always call the day before the first of the month and let them know that i'll b...
What are the different ways tenants can pay rent?
I'm getting ready to sell a rental house in Livermore, California and had the property manager issue a 60 day notice on May 31. The tenants have said that they can't find anywhere to move and aren't planning on being ...
Hello everyone, I was wondering what your thoughts were regarding a P.O. box for correspondence in investing. Is a strong enough deterrence for motivated sellers,buyers, investors or not?
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
Hi Everyone, my name is Patrick and I'm new to BP. I just purchased my first home, a duplex in the Boston area, back in December. With tax season upon us, I was looking for recommendations for a good accountant spec...