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26 March 2020 | 2 replies
So far, 11 states have issued debt collection, eviction and foreclosure advisories or moratoriums (requesting creditors to cease recovery activities).
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3 April 2020 | 16 replies
So far, 11 states have issued debt collection, eviction and foreclosure advisories or moratoriums (requesting creditors to cease recovery activities).
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26 March 2020 | 2 replies
Anyone know a rent collection only receipt to customers they use?
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26 March 2020 | 3 replies
(It can happen with other forms of electronic payments but seems to be easier to do with credit cards.)Here's one of the prior posts talking about it: https://www.biggerpockets.com/forums/52/topics/672783-fraudulent-transactions-on-rent-collection
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26 March 2020 | 1 reply
A small percentage of owners are uncomfortable with this scenario, but it's an increasingly common tactic in the industry, even before C19, because it helps get units rented quickly, to well-qualified tenants due to the ability to be nimble, responsive and continue with scheduled showings.What should we expect for rent collection?
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2 January 2021 | 9 replies
When I signed the lease, I collected 1 month's deposit and her portion of the rent.
27 March 2020 | 3 replies
The contingency for owners of multi-family properties is that they cannot proceed with evictions against tenants who are directly impacted by covid-19 during the forbearance period.I have a few other properties (2 & 3 unit properties) that have conventional financing and insured by Fannie Mae, I am prepared to withhold April's mortgage payment on these properties until the rent payments for the month shake out and I see what the NET collection number is.
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26 March 2020 | 3 replies
What you are doing is a common mistake for many, many first-time real estate investors--you go around and around, collecting information, doing more research, learning about the market, studying any and every piece of information you can find, but you NEVER PULL THE TRIGGER.
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19 April 2020 | 5 replies
Usually in this model you collect a down payment then finance over set amount of time at decent interest rate.
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24 July 2021 | 172 replies
Try collecting...You do realize the death figures in NY/NJ approaching a sept 11 every week right?