![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1184770/small_1621509984-avatar-johnnyp27.jpg?twic=v1/output=image&v=2)
4 April 2019 | 21 replies
I can't speak to trying to make a quick flip, not my business - presumably it's not as good a situation as you can't wholesale evict now or massively raise rents, and or change the dynamic of the building in under 2 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/731098/small_1621496278-avatar-rick33.jpg?twic=v1/output=image&v=2)
25 April 2019 | 8 replies
For my portfolio, there are few instances where I will ever have to raise rents above a 10% level.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1308421/small_1621511196-avatar-kristenb40.jpg?twic=v1/output=image&v=2)
5 March 2019 | 9 replies
I say appearing because you may not actually be but if you're not then you're the tax payer for the property any how and the corporate veil at that point is about as thick as a credit card turned on end. 2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/974962/small_1621506613-avatar-courtneyj24.jpg?twic=v1/output=image&v=2)
6 March 2019 | 10 replies
Look at the county GIS, find the address, and look at the tax card.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/648234/small_1621494623-avatar-chihiro.jpg?twic=v1/output=image&v=2)
10 May 2019 | 58 replies
Gotta keep my cards a little close for now...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1234270/small_1621510499-avatar-matthewk237.jpg?twic=v1/output=image&v=2)
2 March 2019 | 1 reply
The excess money goes to my current revolving credit card debt and truck payment with my 2 other loans and I pay off and that frees up 620 extra bucks a month I take care of the place for a year on my current job with my wife making 3300a month and then get this house leased out or rented then that people help pay my mortgage and costs then I get into a better mobile home paying about 300 a month and saving towards the next property soon after that year and making the next down deposit with my own cash and owing no one except the next person to fund my next apt complex!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1031496/small_1621507806-avatar-sarat25.jpg?twic=v1/output=image&v=2)
10 March 2019 | 48 replies
Cozy.co allows tenants to pay using a credit card and they are then charged a credit card fee which, of course, is steep.My only complaint with Cozy.co is that their user interface for tenants is designed such that my highly intelligent visiting scholar tenants make tons of mistakes when attempting to set up their first payments.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/342976/small_1647142305-avatar-jmoorhead23.jpg?twic=v1/output=image&v=2)
3 March 2019 | 4 replies
I’m doing an open house at a 1% rule duplex in Saint Paul tomorrow and giving away a $20 gift card to Roosters BBQ.
4 March 2019 | 5 replies
Additionally, the Dave Ramsey method to use a debt snowball to pay off credit cards, and to get intense about saving, also worked for us.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1228749/small_1621510440-avatar-najatf.jpg?twic=v1/output=image&v=2)
2 March 2019 | 1 reply
It may not come to that, but since this is your first property I would suggest you go through an attorney anyway, even if it's month to month and it just comes down to sending the notice of termination.When I take over a building I also send or deliver a standard "takeover" or "welcome" letter to introduce myself as property manager and let the tenants know the answers to their two main questions: 1) who do I call/contact when I have a maintenance/repair request, and 2) how/where do I pay rent.Then (if the letters were mailed or delivered without meeting the tenants), I follow it up with an in-person meeting to introduce myself and answer any questions they may have.Usually the main question they have, whether they ask it or not, is whether I plan to raise the rent.