All Forum Posts by: Chance Schrettenbrunner
Chance Schrettenbrunner has started 15 posts and replied 19 times.
Post: ESA questions, who to call? Lost!
- Posts 19
- Votes 5
Hey all! I have a duplex in plainfield indiana, and having a tenant hit me with the ESA question. Which made me realize I am not knowledgable on these laws, and looking for help. Tried calling around to lawyers towns around and cant get a straight answer. I have a no pet policy, and I know ESAs and service animals are different. Where could I look to get more info, or who should I call? Thanks!
Hi all! So I have renovated, got professional pictures, and now am ready to rent out my first medium term unit! But I am stuck on the screening process. Is the 3 times the rent still a rule of thumb for this like it is for LTR? Also, what do you look for in credit score. And if they go through air bnb do you guys still require a lease? Thank you in advance! Wouldn’t be here without this community
Post: How to inform tenant I’m not renewing lease
- Posts 19
- Votes 5
Hey! Was just seeing if anyone had advice for how to legally inform my tenant I do not intend on renewing his lease. I inherited the tenant I read the old lease it said there should be a 60 day notice.. will a text message suffice and legally have me covered? Or where could I find the answer to this? Thanks in advance!
I have a property in Plainfield I was considering making into a medium term rental. What do you guys think of that in this area ? I’m concerned with the demand for it. Thanks for your feedback!
Post: CPA recommendations in INDIANAPOLIS
- Posts 19
- Votes 5
Looking for a CPA in the Indy area, I am a new investor as of this year! I am house hacking a duplex
Post: Where do you buy appliances?
- Posts 19
- Votes 5
I am looking to DIY renovate my kitchen In my house hack duplex, I was needing to buy a new stove and dishwasher.. looking at the big box stores the cost for a decent one is quite intimidating. And suggestions?
Post: Apartments.com for rent collection?
- Posts 19
- Votes 5
Hey! I was trying to find a way to collect rent online. Apartments.com seems pretty promising, does anyone have expirence in using them? Is it legit? Is it safe? Thanks!
Post: Venmo for rent collection?
- Posts 19
- Votes 5
Quote from @Jasmine Delves:
I'd recommend using purpose-built property management software instead. Venmo (or Zelle, PayPal, etc.) fees tend to be high and you are unable to block partial payments.
The benefit of using property management software is that the online rent collection features automatically link with the accounting and reporting features too, so you won't need to manually enter data to do your accounting. You'll also have access to other useful features like tenant screening and linked bank feeds.
Do you have any companies you would recommend I look into?
Post: Venmo for rent collection?
- Posts 19
- Votes 5
Hey BP! Closing on a deal in a couple weeks, its a duplex I will be inheriting a tenant. My first tenant! Was thinking for rent collection of using venmo? Is that a bad idea? Thank you for any feedback!
Post: Inheriting Tenant? First time landlord!
- Posts 19
- Votes 5
Thank you everyone! This is all very useful information, I will be sure to implement everything!