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Hello! Is anyone aware of alternatives to paying LLC annual report fees? There's a hefty $300 minimum per LLC in Tennessee. This will become more important with numerous LLCs.I know this is a question for a CPA and/or...
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I passed my kansas real estate test a while back and I need to affiliate with a broker. I'm not looking to sell real estate as a career at this time, I just want access too the mls and be able to look at houses on my...
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Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
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So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
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Hi guys! how many applicants per unit? Sometimes I’m getting 20-25 people paying and filling out applications with the fees, how about you?When does In become unethical?
Started LLC in Nov 222 member unrelated LLC deposited 24k into business bank account and 12/1/22 bought first property and year end balance is $2402 ( all expense were downpayment which included closing costs and ban...
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My wife and I acquired our first rental property this past August 2020. The property is a multiplex and we are currently house hacking. It was tough to take the leap but we have talked about investing for so long we f...
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Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
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What do you know about Trust Funding Inc?
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I'll try to provide a quick summary. Tenant fell behind 2 months rent, so I started the eviction process in May. The property is in Hoffman Estates, IL. The tenant avoided being "served" by the sheriff, so we served b...