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  3. 📣 Just posted!!! 🥳Landlord’s Conversation Podcast E:20 - Let's have a conversation about expectations vs reality around reserves for a property. with our very own special guest, Patrick Dailey. Many landlords misunderstand, misapply, and miscalculate reserves 🤷‍♀️causing themselves to get into a financial bind. So listen in to avoid costly mistakes. https://www.buzzsprout.com/680183
  4. Are there any "hold harmless agreements" that help landlords?

  5. Earlier
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    In what world does cat pee smell like money? To a savvy investor who is looking to make their next purchase, cat pee-soaked carpets won’t necessarily be a deterrent but instead a negotiation tactic. We know major structural repairs are going to eat into the cash flow but buying a property with good bones that meets your goals, aside from needing a face lift, can be an excellent purchase strategy. We know this is often discussed and most investors take this route, and unfortunately for some, the outcome isn’t what they hoped it would be. Even with the best intentions, the mismatched outlet covers you got from the clearance rack aren’t working in your favor, nor is the mix of themes from an overly personalized renovation vs. focusing on cost effective updates that appeal to the masses. Whether you are currently working on a project, plan to in the future or just want to hear the stories, join us Thursday, May 28 at 6:30 pm via online webinar. Come to hear from investors who also run a successful property management company, talk about the fails we have seen throughout the years and provide recommendations based on years of tenant feedback. We look forward to seeing you there! To RSVP and receive the link: https://www.meetup.com/The-Landlords-Almanac/events/270683105/ Hosted by: Real Property Management Last Frontier – 810 N St #305 Anchorage, AK 99501
  7. if i'm a landlord and not a business do I need to still issue 1099misc to repairment, exterminators, handymen to whom i've paid over $600?

  8. is that for landlords or property managers?
  9. Come join in on the conversation for the next hour https://webinar.ringcentral.com/webinar/register/8815867352199/WN_hxmTbTXtReSoOMwi2v4uWQ
  10. @Kara Federal - Is federal backed properties. State - Watching SB 241 about restrictions that would apply...might be signed at any moment. Basically a tenants says "they are hurt" and you can't evict. Then Superier court - Says no evictions till after 5/30.
  11. Hello Everyone! With the Covid-19 situation, there have been federal and state eviction suspensions put in place. I am trying to figure out if the eviction suspension applies to private landlords with conventional mortgages that do NOT accept vouchers of any sort. Do you know? I can tell that it applies to HUD and Alaska Housing, and that the Alaska court system is not holding hearings. But can I give an eviction notice for non-payment of rent? *Hopefully I wont need to do this, but just wanting to clarify the rules for planning purposes. I am just a regular person with very limited bandwidth to house people for free.*
  12. Everyone, Please do at least 1 email, but we need three - Mayor, House, and Senate Email your stories / Email how tenants will hurt landlords when no evictions are allowed / Email everyone you can - TODAY. I know it is confusing what is happening at the Senate and House. Basically, both sides are proposing a plan (HB 315 & SB 242) and trying to get something agreed upon quickly. Who ever's plan gets approved first - wins. However, the courts have made their decision that they will not even listen to any FED (eviction) cases for a long while. Yesterday, the Senate was asking many questions about how it impacted landlords and what rights Senate has. The House made comments such as "no evictions until November 15". It has been interesting sitting there for hours to listening to bankers, lawyers, utility companies, associations, and etc. Then emailing and engaging whoever I can to get landlord voices heard. At this time, only 2 people are attending calls that represent landlords. Your help is very much needed. In short, those that have rentals, get it and trying to find a middle ground. Those that don't have rentals, tend to be VERY tenant-friendly. Items the representatives are forgetting or struggling with - Credit Impacts / Fee Impacts / Balances increasing & due later / Collection challenges / What is Financial Hardship / What is an affidavit by a tenant / etc..... List of emails: Mayor of Wasilla: https://www.cityofwasilla.com/departments.../mayor-s-office Anchorage Mayor: http://www.muni.org/Departments/Mayor/Pages/Contactus.aspx House: http://akleg.gov/house.php Senate: https://akleg.gov/senate.php Thanks for your time.
  13. As soon as you pay service providing vendors $600.00, you are required by tax law to give the vendor a Form 1099-MISC or Form 1099-NEC. See IRS Publication “Instructions” for 2020. BEFORE making a first payment to a service providing vendor, get their Form W-9 Request for Taxpayer Identification Number and Certification from them. This provides the information that’s reported on Form 1099.
  14. Aside from asking my tenant to please close windows when they are not in the unit in the winter months what can I do? The heat in our building is natural gas and we (landlords) pay it. we have seen a increase in our bill due to the tenant leaving the thermostat up and windows open. We have asked repeatedly for them to close their windows, not just one window but multiple windows. Even in the weeks when we had negative temps in Jan. the windows were left open over night and throughout the day. As a landlord what other options do I have?
  15. We hope you enjoyed the video presentation by Erik Boltman. If you have feedback or have questions on other topics you would like to have covered, let us know in a comment. The Landlords Almanac Hosted by Real Property Management Last Frontier 810 N St. Ste 305 Anchorage, AK 99501
  16. Good evening, We have uploaded the video, feel free to comment questions! Video by: Erik Boltman, COO Real Property Management Last Frontier 810 N. St #305 Anchorage AK 99501 Get it Rented 2020.mp4
  17. Tomorrow as you know we will not be meeting at the Megan Room. Instead, a video will be uploaded covering the material we planned to present. The content will be provided by Erik Boltman, COO of Real Property Management Last Frontier, Sales Manager of the Leasing Department and Leasing Agent when needed. I am sure you all are very excited to view the content, feel free to share and comment with questions as you view the material. From all of us at RPM, we are committed to giving back to the community and fortunately, with the proactive processes management has put into place, we will continue to do so. Real Property Management Last Frontier 810 N. St. Ste 305 Anchorage, AK 99501 it is our goal to upload the video right here as well as on our closed Facebook Group: The Landlords Almanac.
  18. Hello all, due to the recommendations made by the CDC to practice social distancing, we have decided to take the direction of virtual delivery on this class. Stay tuned for an invitation in the next few days to view/listen in by phone or PC. We will NOT be meeting at The Megan Room this month.
  19. According to episode 4 of the podcast, a property owner should keep at least 26 documents for just 1 tenant. What are those 26 documents? Is there a place I can learn more about that?
  20. You don’t have to wait for them to find a place to move to before you give the eviction notice. It sounds like they have broken the lease multiple times, so you could send them a 30 day notice without issues, even if they are on a long-term lease.
  21. Did you know - 80% of our tenants pay online? Real Property Management has a management package where we can process your rents for you (online, dropbox, in-person)? Call 290.2022
  22. Cindy Dillard 602.368.3588 cindy@tsfe.biz might be a good option for you.
  23. Hey All, I’m in need of a local Anchorage area CPA. I have just a few rentals and do flips on the side. I’m looking for someone who would be a good fit for my current setup. Let me know if you have any good recommendations. Thanks!
  24. Posted on Facebook Christy Estrada Conversation Starter · 2 hrs So I got a rental reference request for my current tenants. No notice is given, but I want them out sooooo bad was just waiting for nicer weather so I could clean out unit. They are nasty.hoaders and having issues with them from the start. Parking drama, dog poop drama, paying on time, etc... Just all around problem tenants. I filled out the form honestly, but I am torn on hitting send. If I am honest they probably will not rent to them. I need them out ugh... I hate this. I don't wish these tenants on anyone.
  25. Posted on Facebook Crystal Menice is looking for recommendations. January 17 at 4:07 PM Does anyone have a recommendation for a good plumber in Anchorage?
  26. Posted on Facebook Ruth Meyer McClain @Ruth McClain January 25 at 3:51 PM Any Landlords or managers in the Wasilla area have a recommendation on who/how to have water well tested for minerals,,etc. thanks. I think there are some do it yourself labs etc or is it best just to hire a well water co to come do it.
  27. Post from Facebook Kim Mattison January 23 at 9:05 PM In y'alls opinion. Does not having a dishwasher make a big difference in rental value and quality of renter?
  28. Post from the Facebook forum: Audrey Scott 22 hrs What is the dollar limit that I have to 1099 a contractor??
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