- Joined
- Jun 8, 2008
- Messages
- 89
Whew! It`s taken a long time, but I`ve finally purchased a 4-plex, in Innisfail, AB.
I plan to manage this property myself and learn the ins and outs and how to handle new situations. My first is that 2 of the tenants do not use cheques; they pay with cash. Unfortunately they live and work in Innisfail and want to deposit their cash, but none of the banks I bank with have a branch there. How do you get around this if meeting on a specific date each month might be problematic?
Also, 2 of the tenants have asked to do the lawn and snow maintenance. I`ve seen on other posts that this is considered to be a viable situation, but how would you screen them to ensure that they would do a good job, and how would you determine a fair rate of compensation?
Thanks, Jess
I plan to manage this property myself and learn the ins and outs and how to handle new situations. My first is that 2 of the tenants do not use cheques; they pay with cash. Unfortunately they live and work in Innisfail and want to deposit their cash, but none of the banks I bank with have a branch there. How do you get around this if meeting on a specific date each month might be problematic?
Also, 2 of the tenants have asked to do the lawn and snow maintenance. I`ve seen on other posts that this is considered to be a viable situation, but how would you screen them to ensure that they would do a good job, and how would you determine a fair rate of compensation?
Thanks, Jess