Jesse Streng
Detroit Property Manager
4 January 2025 | 20 replies
* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
I always just explain nicely that it’s my company policy to deliver the required notice and collect the late fee as per the lease every time rent is late, no matter what, sorry no exceptions for anyone as I treat everyone equally and adhere to the lease agreement that we both signed.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
23 January 2025 | 30 replies
Its a lot of work but anyway you slice it a management company is going to cost you 10% of gross rents which could easily be 100% of your net profits.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
But, know what you want to accomplish beforehand.Creative Finance is a great way to buy properties when done properly and lawfully.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
Meanwhile, our current President is shuffling communist funds through shell companies.
Joseph Manuel
Real Estate Salesperson License/Do I have to disclose if
15 January 2025 | 2 replies
It is required by the law and the Code of Ethics.2) There is no such thing as not going through your brokerage when you have a license.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
Since companies have a limited lifespan (10–18 years on average), cities must attract new businesses to maintain job opportunities.Factors Companies Consider:Low Operating Costs: States with lower property taxes and insurance costs.Low Crime Rates: High-crime cities deter businesses and tenants alike.Natural Disaster Risks: Avoid areas prone to disasters, as recovery can take years, impacting your rental income.City Size and InfrastructureFocus on cities with metro populations over 1 million.
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
They must be very low odds because insurance companies are in the business of making money, not paying out maximums.
Travis Boyd
Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay more than I could and is a couple years ahead of me in REI.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
18 January 2025 | 3 replies
Law websites like nolo and others have said if the tenant in NJ has made partial payments then you have to give them 30-day notice before you begin the eviction process.