H. Jack Miller
What can go wrong with Subject to Investing
17 October 2024 | 26 replies
But people are still doing this all the time and I am trying to understand and learn about it.2 things Why would a wrapped lender be upset if the property is sold and another person is now also liable to make payments to the mortgage company?
Brandon Ja
Late Fee policies
9 October 2024 | 8 replies
2) Grace Period: 5 days- Many judges in our area frown upon no grace period- Ours is voidable if tenant is late more than 3 times in a 12-month period3) Late Fee 5% on the 6th- Our software auto-charges- We will waive for a GREAT tenant, 1 maybe 2 times annually, just like a lender may waive the occassional late fee4) Daily Late Fee: 10% per diem- Our software auto-charges- We added this years ago when a smart aleck tenant, upset that we wouldn't waive their late fee, told us they would pay the last day of the month.- Judges often throw these out:(5) Eviction Notice for Nonpayment of Rent: sent ASAP- In Michigan, it's a 7-Day Notice- Our staff bulk sends on the 6th of each month, no exceptions- Even our best tenants get them and we just tell them it's automated and they can ignore if they payRecommend you have a detailed Eviction Procedure and follow it!
Mark Miles
Going pet friendly
8 October 2024 | 16 replies
They are creatures of habit, and get more upset with new surroundings than dogs.
Nate Pucel
Questions about possible eviction
6 October 2024 | 7 replies
They've mentioned they have asthma and allergies and that's why they're upset about have to live in a place that's being repaired, so I've offered to both hold off on the repairs and reduce rent to make up for the condition of the property, I've offered to have a contractor just rough in the drywall so that the studs aren't visible and to encapsulate everything, even though everything in the cavity was removed during the remediation, but they now aren't responding to my texts whatsoever.
Nida Kazmi
Mid South Turnkey Homes. Should I invest with this Memphis turnkey?
2 October 2024 | 31 replies
"The most dangerous moment comes with victory."
Steve Wilson
Tax Sale/Foreclosure Occupants Best Practices
3 October 2024 | 0 replies
Hi Everyone,I've been buying at PA tax sales for a couple years, Upset (liens included) and Judicial (liens divested), and understand the research needed ahead of time to protect myself from a bad deal.
Benjamin Carver
Raleigh Housing Update for September 2024
1 October 2024 | 0 replies
“The [Fed] cut amounts to a declaration of victory over inflation, which has come down from a peak of 9.1% in June 2022 to 2.5% last month.
Rong Liu
Anybody uses OneRent Property Management (bay area)
7 October 2024 | 35 replies
They made him so upset he doesn't even want to work for me anymore.
NaTarrio Jones
Rent Payment Reversed NSF but tenant says funds were available
1 October 2024 | 26 replies
I advise they take it up with their bank and make sure they tell the bank the costs they have incurred.Surprisingly good tenants always seem to take it in stride and the PITA tenants always get upset when I impose a fee.
Jay Hinrichs
my new rock star client
1 October 2024 | 12 replies
So they are not upset Like you saw with do hard money.. were folks had to pay 3k up front for their so called educational material..