Daniel Loane
Purchase agreement defines seller to cover closing cost - what does it mean?
Hi BiggerPockets Community!I have a purchase agreement with below terms. My understanding is that Seller pays closing costs as per this contract, including Owner's title insurance, settlement fee to title company and ...
Darsh Patel
How do I create an LLC?
Hi everyone! I have 16 units in Dayton, OH. I am looking to create an LLC to put my properties under but I have no idea how to go about it. I was hoping you all could help me out. Not asking for legal or accounting ad...
John K.
mailing monthly billing statement to tenants
We are going to start billing new tenants for water usage (obviously by putting in the lease, units are individually metered). Does anyone mail monthly bills to their tenants for things like water?
If so, do ...
Brittney K.
How to charge for oil heat
How do you charge tenants for oil heat? This is my first property with oil heat and I am considering 2 scenarios:1.) fill tank completely. Make tenant responsible for refill as necessary and they must fill tank back u...
Corey Reyment
LLC
Do we need to hire an attorney or could we do it ourselves? What are normal costs to set up an LLC? Here is what they sent us. Any recommendations?"The $1,275 Two Member LLC flat fee we discussed includes the creation...
AJ Wong
How to lower property management costs on luxury STR vacation rental property
When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
Sachin Maskey
Property management ripped off
"Pull chain switch for light fixture in closet is broken and needs to be replaced" . Property management is charging owner ( me) around $110 just to replaced this ??
Feedback will be appreciated
Elaina Burkhart
Benefits to managing STR for someone else
Hello, My husband and I started our journey in real estate investing a couple years ago. We have a LTR duplex and a STR lake house. I work part-time as a nurse and mama while my husband works fulltime. Both rentals ar...
Kate C.
broken lease-need to travel to show-can I deduct from security de
Hello- My tenant signed a one year lease (after completing a two year lease) in July. They just called two days ago (October 10th) to tell me they are breaking the lease and will move out and stop paying rent Novembe...
Robert Whitelaw
HomeSnap Pro - Any feedback on this?
Howdy Folks,I am in growth mode with my business. I have started doing some facebook ads to get leads and I am looking other strategies with proven results.I came across homesnap pro and it looks like just a centraliz...