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16 October 2018 | 19 replies
In the past, I have adjusted the due date, set up 1099 type tenants on a quarterly payment schedule, requested (and received) 2-3 months rent in advance, sold the property via lease/option, etc.I get that the norm is rent due by the 1st, late fee accrues on the 6th, but this tenant's situation apparently doesn't fall into the normal category, so ask the question, then evaluate whether you can live with (and accommodate) the answer.Good luck!
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25 October 2018 | 16 replies
A good strategy is to compare areas and see which best suits your situation and then become an expert in that neck of the woods - find the best investor-focused realtor, etc.About your second question, I am not a lawyer or accountant so you will need specialist advice there.
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22 October 2018 | 12 replies
However, in your situation, it is a disagreement on the leasing price, I would think in this situation, your tenant should vacant the property by the date the lease is over. 2) Do I have the right to not renew the lease, given that I do not agree to their counterproposal?
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17 October 2018 | 4 replies
I have been educating myself the last few months about real estate investing (here, books and podcasts). I love how everyone offers the strategies that work for them and the mistakes they’ve made. We are saving cash t...
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22 December 2020 | 2 replies
I am looking for some advice on how to handle a difficult situation with a contractor.
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20 October 2018 | 28 replies
A few more questions that might help folks understand your situation.1.
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17 October 2018 | 8 replies
You just have to inform tenants going in about the situation.
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21 October 2018 | 3 replies
An exception to this may be where one of the units is a commercial unit like where you have a store on the bottom floor and 2 residential units upstairs.
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18 October 2018 | 9 replies
As others have mentioned, depending on your family situation - IE schools - you should be able to find a 2-4 unit that you can purchase with your VA loan.
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18 October 2018 | 8 replies
First, some questions to clarify your situation....At what point in the eviction process did the tenant vacate?