Kimmie Cole
Property Management companies not releasing Security Deposit
HelloI have a question, in regards to Property Management in Kansas City, MO. I just recently changed Property Management companies due to many complications with the company, one being they would apply late fees befo...
Daniel Suarez
Deducting camera and laptop
Hi All, I do photography as a hobby but also use it to photograph all of my rentals (4 now) I recently bought a new camera, and I was wondering if that can be deducted entirely, part of it, or any of it. I am also pla...
Mark S.
Memphis Property Taxes - Notify Mortgage Servicer
This is my first go around with Memphis, TN property taxes. I have closed loans in my name and quitclaimed to my single member LLC. Many have said one way the lender finds out is when it comes time to pay property t...
Andrew Qu
Lawsuit against seller?
I closed on my first 4 unit back in January. At closing, the sellers provided me with a 1 yr leak warranty, which I had requested after our inspection. Needless to say, found a few leaks that needed to be repaired. I ...
Beary Bowles
How to to banking/bill pay with property management
Hello allI've been managing my 12 unit apartment building that I've purchased for about two years. For the first time I'm hiring a property manager and she's experienced but (4yrs experience) with units managed up to...
Harris Pantlik
First time investor gets owned
So long story short I purchased two homes on the same lot June 16, 2020. I live in the slightly bigger one and rent the smaller one out to a nice young lady who has been pleasant to deal with. Fast forward to August 2...
Ashwani K.
Good income but weird credit
While trying to buy my first investment property (175K), i am being told by mortgage brokers that I can't get a loan. The primary reasons being given are:
1. I don't have 2-yrs worth of self-employment hist...
Sara Lung
Usury? Contractor charges 2% a month on his work
To me, it's just too much. My contractor's invoice is due upon receipt. 2% a month interest starting on the 10th day. That's 24% a year!!!! Way, way to much in my opinion. What do you think? Thank.
Marco Lopez
Purchasing a Rental Property with Tenants in place.
I'll be closing this Tuesday on a property in Chicago in Hermosa neighborhood. It consists of a coach house in the back with 2 units and a store front. All 3 are currently occupied, the 2 residential units are current...
Yvette M.
Tenant payment options
How many options do you give your tenants for rent? Cash, check, mail?Does anyone offer on-line payments only?