Amanda H.
Can I be forced to accept Section 8?
2 August 2019 | 154 replies
I'd say the most frustrating thing about BP is lack of curiosity and willingness.to think.
Account Closed
My late fee clause
21 May 2015 | 11 replies
My late fee policy reads as follos:RENT OR ANY PART THEREOF NOT RECEIVED AT THE OFFICES OF SBG PROPERTIES LLC BY THE DUE DATE AS REQUIRED IN PARAGRAPH 5(b) SHALL BE SUBJECT TO THE FOLLOWING LATE CHARGES: $25.00 PLUS AN ADDITIONAL LATE FEE OF $ 16.43 PER DAY INCLUSIVE OF THE DAY OF RECEIPT.LATE FEES ARE RETROACTIVE TO THE FIRST OF THE MONTH AND SHALL ACCRUE FOR EACH MONTH UNTIL THE RENTS FOR THAT MONTH ARE PAID IN FULL OR A JUDGEMENT FOR SAID LATE FEES IS RENDERED BY A COURT OF COMPETENT JURISDICTION FOR ALL AMOUNTS THEN DUE AT THE TIME OF THE ENTRY OF JUDGEMENT.LESSOR ACKNOWLEDGES, UNDERSTANDS AND AGREES THAT PURSUANT TO ATCP §134.09(8) ALL FUNDS RECEIVED FROM LESSEE WHEN RENTS ARE DELINQUENT SHALL BE FIRST APPLIED TO DELINQUENT RENTS AND THEREAFTER TO ACCRUED LATE CHARGES.
Kenneth M.
Is it OK to buy into a Negative Cash Flow Property?
11 June 2016 | 110 replies
@Kenneth Muench - unless you have a compelling reason to buy for either appreciation or a future cashflow jump, I personally find it REALLY hard to buy into negative cashflow. i don't know your particular situation but if you have the sort of money you mention, there are probably other possibilities outside of CA you might be interested in exploring, including paying off your home.What drove you to this triplex in the first place, just out of curiosity?
Andy H.
Evicting a tenant who filed for bankruptcy: cash for keys?
21 October 2015 | 21 replies
Your attorney will be able to file a new eviction for the rent accruing after the filing of the case.
Tim Ball
Separate Bank Accounts for Each Rental or nah?
20 June 2016 | 37 replies
However once you have accrued 5 or more properties or feel more confident in your scope of bookkeeping, then I would advise structuring this in a much more efficient way with less accounts.
Daniel Lehman
Pay off car loan or buy first rental?
9 June 2016 | 68 replies
Out of curiosity, why are you living 70 miles from where you work?
Brian Simmonds
Late Rent from tenant
13 June 2016 | 26 replies
Out of curiosity, when you purchased the home did you have an opportunity to review each tenant file?
Josh Crawford
Are there "upset auctions" in AZ?
10 December 2020 | 7 replies
By the way, out of curiosity - is there a particular reason you prefer other counties over Maricopa?
Rogers Smith
Next Spec Pics-Madisonville, LA
9 May 2017 | 10 replies
Simple intellectual curiosity, with a bit of trolling mixed in.
Thomas Hickey
Anyone successfully buy many owner occ multifamilies?
26 January 2017 | 4 replies
Bump for curiosity haha!