10 July 2018 | 9 replies
You can certainly try but collecting will likely be difficult.
20 May 2019 | 8 replies
Trying to understand what my options are in order to collect - I know that I can file a complaint with the AG but I’m currently more focused on collecting what is owed to me, as it is to the tune of a few thousand.If it matters (for small claims court, etc) - my property is in Noblesville, Indiana while the PM seems to be incorporated in Indianapolis.Thanks everyone!
27 November 2021 | 11 replies
I'm purchasing a property using my LLC and thinking about managing it myself for rent collection and maintenance requests etc., although I'm still going to use my licensed agent for leasing activities such as marketing the property for rent and do showings to potential renters.
14 May 2019 | 14 replies
You collect rent money each month and want to use some of it to go on vacation, how is the owner ever to going to access it?
14 May 2019 | 14 replies
What is done with the deposits that the current owner has collected, so that if I buy the deposit refunds aren't coming out of my pocket if a tenant moves out?
22 May 2019 | 10 replies
Bringing in some nice cash flipping used clothes, collectibles, etc on Poshmark and Ebay- Almost have my bills covered with this, but its a volume business and took about 18 months to build up the necessary inventory, and requires a bit of storage space.
17 February 2021 | 26 replies
Wow, what a collection!
4 February 2019 | 3 replies
This is my first month collecting rent and they are all on month to month leases.
6 February 2019 | 4 replies
:- management fee (5% of collected rent but with 18 units it could be 10%.
30 May 2019 | 10 replies
Cash on Cash ratio with some standard assumptionsBased on collected data, my rankings are:OH (Cleveland, Columbus, maybe Cincinnati): affordable, good population and economic growth, 16-20% rent to value ratioNC (Durham, Raleigh and Charlotte): less affordable but high population and economic growth, stable median home values and decent rent to value ratioGA (Atlanta): this is right in between OH and NC.