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All Forum Posts by: Satyan Merchant

Satyan Merchant has started 1 posts and replied 3 times.

Post: Note Investors in Chicago

Satyan MerchantPosted
  • Investor
  • Chicago, IL
  • Posts 3
  • Votes 0

Me too

Post: Chicago- Cash Flow 101 Game 6/27/2015

Satyan MerchantPosted
  • Investor
  • Chicago, IL
  • Posts 3
  • Votes 0

Hey! I just moved (back) to Chicago and am starting to network.  Are there events being held at Overflow Coffee Bar these days?  I would love to meet fellow investors in the area!

Post: Late Rent

Satyan MerchantPosted
  • Investor
  • Chicago, IL
  • Posts 3
  • Votes 0

Have a 5 day grace period in lease.  Tenant sent me an email on 2/28 saying he just wasn't able to get to post office, but would express mail rent w/tracking number.  Did so on Monday 3/2, expected to arrive on 3/4.  Due to east coast snow storms, rent still isn't in hand.  Delivery has been delayed by USPS.    

In terms of late fees, WWYD? He hasn't been late on rent so far, and typically pays 2 months at a time (i.e. sending a check for Mar and Apr this time).