Rick Howell
Building a Successful Team
The investment property business can often feel like an individual endeavor, but this could not be farther from the truth. Great investors rely on a trusted team. Set yourself apart from your competition by finding an...
Jon Coleman
To B or not to B.....Corp
I am interested in potentially starting a benefit corporation but am unsure if it really makes sense to incorporate that way in this industry. I found a thread from about 8 years ago on the forums discussing benefit ...
Becky Crocker
Renter asking for my Certificate of Insurance??
We have a short term rental that we are leasing for four months to a business who will use it for their employees who are coming and going throughout the lease term. They want a copy of my insurance certificate. The...
Lauren Ruppert
Contractor using undocumented workers...damages property...
I'm going to cut to the chase: a so-called "contractor" had his employees do some work in one of my rental units. The worker poured grout/mortar water into the tub. Needless to say, two weeks later when the tenants m...
Babak Jamali
Household Employer Rules - Do I need to W2?
Hello all,I'm trying to figure out if as a homeowner (not a business/self-employed) I would have to 1099 or W2 someone who helps me rehab my primary residence. That someone would not be a contractor or family member, ...
Salvatore Ross
Must Ask Questions for potential Cleaners and Handymen
What are some initial and must ask questions everyone uses to gauge if a potential cleaner and handyman is the right fit? Do you perform a background screening on these potential employees? What contracts/documents do...
Justin Wallman
Self Manage Strategy
Hello! I was hoping that anyone who self manages can share their current business plan - specifically if they have 100 + units. Does anyone employ a full time maintenance technician? Do you currently provide a vehicl...
Shane Moss
Meal Tax Deduction Clarification
I'm trying to make sense of what I'm reading about deducting meals. It looks like I have to be on a business trip in order to take the deduction. Is that right? Here's my scenario:
I'm getting ready to take posses...
Joy Remington
How to address pet urine smell
Several months ago when my HVAC contractor showed up to take care of an issue at one of my rentals, he told me that the dog urine smell in the house was so strong he was afraid he might pass out. The tenant has been i...
Shane H.
Buying an existing small business - How to handle day 1?
Without giving too much away until the deal closes - my wife and I hopefully will be the new owners of a business in a month to month and a half once we get to closing. A lot to do between now and then.Existing owner...