Getting the rent in: billed against collected, and the resident who is late
Most PG owners know what they collected. Far fewer know what they were owed — and the gap between the two is the whole problem.
Rules for PGs vary by state and by city and they change — everything here is orientation, not advice.
Most PG owners know what they collected. Far fewer know what they were owed — and the gap between the two is the whole problem.
A flat electricity charge asks the careful resident to pay for the one who leaves the AC on. Here is what to do about it.
The deposit is where most PG relationships end badly, and almost always over the same thing: nobody wrote down what it was for.
Every article about PG profitability uses somebody else's numbers. This one refuses to, and gives you the arithmetic to run on your own.
Everyone knows why the agreement gets skipped. The honest question is what you give up by skipping it — and the answer favours the resident, not you.
There is no national PG licensing framework, which is exactly why the question is hard. Four approvals recur almost everywhere — start there, then go local.
It is not a state law, it is a local police order — and it lands on you, not on the resident. Here is the process, and the part that gets hard at twenty beds.
Most PG beds are exempt. The exemption has two conditions, both of which have to hold — and the one that catches owners is not the one they worry about.
Asha automated assistant