Jackie Hung
Electronic rent payment vendors - eRentPayment or alternatives
Hi, I am currently using eRentPayment. I have just leased to a new tenant and this is a tech guy but he was having a hard time getting it set up. I am partly to blame as I didn't send him the email template that I got...
Josh Surver
1099 for Interior Decorator, Handyman, & other contractors work
How do the tax ramifications of a hiring people to do small jobs (but over $600/year) work? I’ve heard you’re supposed to file a 1099 with the IRS and provide a copy to the contractor if you’re the one paying for the ...
Michael Willis
Saving for a down payment/preserving capital
Hello all. I am new to this community and I am trying to soak up all the great information and ideas that this site provides. My question is specifically regarding saving for a down payment. I am trying to save as muc...
Michael Sellers
Managing Maintenance Charges
I am looking for a way to optimize the way I handle property maintenance expenses and am hoping someone has been more creative than me and already solved my current issue. Any advice/ideas are appreciated.Current Set ...
Dominic Scheck
How do you store your capital and reserves?
Hi, friends.Do you keep capital and reserves in a savings account? In mutual funds? Obviously reserves and capital need to be in a liquid vehicle, but do you really keep $10K, $50K, $100K+ in an account earning nearly...
Account Closed
Spreadsheet for tracking income/expenses
Does anyone have a template of a spreadsheet or other document that we could utilize for tracking income/expenses. We just purchased our first rental property together (vacation home that is managed by a property mana...
Kevin Schultz
Electronic rent collection?
What are people using to collect rent electronically these days?
Jean Claude
Moving from LT tenants to Airbnbs
So I am at 10 units and currently looking to expand into something commercial . I have been investing in Rochester NY but I also have a condo in ATL that I Airbnb.The condo is my primary home and I rent out a room wit...
Candace Price
Advice / structure for multiple properties
I’m curious to know how other people are structuring their entities and properties.I have a mix of properties from SFR, shopping centers, office buildings, single tenant commercial buildings.Currently, I have each ent...
Gil Ganz
starting the process of getting a credit score as non us citizen
heyi am a non us citizen, starting to invest in rental properties in the us, soon buying my first property (100% cash), my plan is building a credit score so next property i buy (let's say 18-24 months from now) will ...