My guess (even though we’ve explained the process to our tenants many times) is that they assume it’s paid instantly and go about their day as normal, not being careful about the scheduled withdrawal.

I'm in the process of closing on a 4-unit with one heating system for all four, controlled by two thermostats.

Tenant was in a MTM lease and would like to stay, but the seller provided a very bad review and had several issues to report about their experience with the tenant.Would appreciate any help on how to legally remove the tenant, along with tips to consider throughout the process.

Not here to defend anyone or point fingers but we have had many unsatisfied investors over the past 10 years.Most will buy 1 property and expect miracles.It takes a larger portfolio to make it more stable and more cashflow profitable long term.Owning 1 or 2 properties can always be a hit/miss.Owning a larger portfolio should over time perform better "year after year".Just my opinion based on PM data that we see on the back end.Much success

Hi Shane,I do investment loans everyday for people and it is really a simply process.

Aside from well drafted contracts protecting all parties to a business transaction, the process of preparing and executing contracts in itself slows down processes and allows for more thoughtful decision making, diligence & vetting.

If you don't do this, do you have a particular reason (such as you'd find out through a different part of your process that someone is scammy) or is it something you just never thought of incorporating into your screening?

The process continues. 

,I’m currently in the process of buying a house in Kansas City, MO, and I need your help.

Please reach out if you need help through the process.