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Results (9,037+)
Ken Klingler How do you fire your property management company?
17 October 2017 | 5 replies
@Ken KlinglerIn addition to what you listed be sure to get an accurate financial accounting for all tenants so you know what each outstanding balance is (if any) and what it is comprised of. 
Ryan Jopson Help with creative-financing for investment property
18 October 2017 | 5 replies
;)The partnership agreement could be between LLC's such that his LLC receives no compensation because it only has 0.01% of the outstanding ownership, and yours has 99.99%. 
Dar Fornelli Tenants paid full rent late, but have not paid late fee
14 April 2023 | 51 replies
My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dollars ($25.00) will be added to the outstanding balance to cover costs of collection, and if payment is not received thereafter an additional late charge of ten dollars ($10.00) per day will be added to the unpaid balance.They have since paid the monthly rent value, but not the late fee totaling $45.
Manasse Shingiro Can I Refinance My FHA Loan into an FHA 203K for Renovations?
8 November 2017 | 3 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule: The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 25% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon Gateway Mortgage Group’s receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information: Signed Draw Request by borrower and contractorSigned All Bills Paid AffidavitLender will review and approve the draw request and will release funds for disbursementA check will be issued in the name of the borrower and contractor and delivered to borrower via USPSAn inspection of work to date will be performed at 50% completeFinal Draw Information: Signed Draw RequestFinal inspection/Completion Certificate will be required for release of final fundsA Title Update showing property free from lien or encumbranceGeneral Contractor’s Lien Waiver AffidavitAffidavit of Completion GMG will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns: Changes to the initial plan are not permitted unless prior approval by Gateway Mortgage.
Beau R. Fixing Terrible Credit, but small outstanding debt
23 January 2018 | 4 replies

Hi,I'm 26 years old and my credit is very bad, about a 400 Fico score. I ruined my credit during some rough times about 2 years ago, but have rebounded to put myself in a pretty good position. I'd like to start invest...

Ed LeGrand 1031 vehicle exchange
1 February 2016 | 5 replies
However, fleets of automobiles, such as rental car companies, are also exchanged because they are generally depreciated to zero very quickly but still have value when they are sold after about six (6) months of rental car usage. 
David Stone Utility charges stay with the property
3 March 2016 | 17 replies
Here is an example of ours:UTILITIES.Landlord requires supply and maintenance of the following utilities at the unit: electric, natural gas (if applicable), oil (if applicable), water/sewer, garbage/recycling.Telecommunication services are optional.Tenant agrees to pay for all services and utilities supplied to the premises during the term of tenancy, except __________________________, which will be furnished by Landlord.If Tenant moves out before the end of the lease period, Tenant must still pay for utilities to the end of the lease period, just as rent must be paid to the end of the lease period.Tenant agrees to notify utility companies of the exact date their tenancy begins and ends, and agrees to pay all outstanding utility bills.If Tenant causes any utility to be disconnected, Tenant agrees to pay for reconnecting the utility, plus damages caused thereby.If we become aware the tenant is not current with paying their utility bills, we call them and talk with them about it.
Austin Klesmitk Keep cash or pay down mortgage
15 July 2022 | 11 replies
Inflation is taking care of your outstanding principal faster than you could pay it down with your savings... invest it in something that yields more than 3.4%, preferably in a down payment
Jonn Vidal Even $100 limit credit card reported monthly, but not $5,000 apt?
5 April 2022 | 3 replies
The judgement I file for an outstanding balance after eviction shows up on their credit report.If a current or previous tenant is pursuing a loan for an auto or home purchase, my prop manager will provide rent payment history in support of underwriting that loan.
Christopher Figueroa Investment Mortgage - Irvington, New Jersey (Essex)
22 December 2019 | 9 replies
Unfortunately, the seller had multiple outstanding fines/penalties that he failed to pay for many months and refused to do so to complete the closing.