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Results (10,000+)
Jered Sturm How do you accept your rent payments?
17 June 2015 | 33 replies
Give existing tenants a proper notice (30 to 90 days) that you will no longer be accepting payments at the PO box for security reasons and give them the preferred payment method with step-by-step instructions.
George P. #19 rental was purchased today
9 January 2016 | 50 replies
a few days late since i am super busy with the current rehabs, but closed on #19 on thursday night. worked on it for awhile with the listing agent and the brokerage. they apparently have a great relationship with the feds and kept trying a few times to get the best price. about a month+ ago, it was listed at 72k, i believe. then a few days later it dropped to 64.9k. i offered 52, but they didn't take. they said they had another offer. then i offered 55 and stuck to it 3 times in a row. they said best they'd do at this time was 55.5, so i took it.it's in Garden City, but on the border with Westland. it's on a cross road (one that goes between 2 major roads, so that will push some people away. numbers look like this:purchase - 55.5krehab - who knows, after 18, i still can't estimate properly, but i am hoping $20k at mosttaxes - $2,500rent - average rent is $1,000the problem is that i am out of money right now and can't touch it until i am done with the latest 2 rehabs. i might do a little here and there like demo and cleaning up the yard of trees and such, but no major installs until we are done with the latest 2.my goal was 20 a year ago. i am close, so i just need a new goal.
Chelsey Richardson Novice Investor
1 June 2015 | 3 replies
There are other more creative options, however, such as seller financing, in which case you might secure a property with a much smaller down payment (do a search on here for "seller financing" or "owner will carry" for more information on this topic).  
Scott Roper 1 Dog Has Now Turned Into 2
7 June 2015 | 14 replies
In exchange for this permission, the Tenant agrees as follows:1.To keep no more than 1 domestic dog(s) as described below.2.To pay additional rent in the amount of $ 0 per month; or3.To deposit with the Landlord a "Non-refundable Pet Deposit" in the amount of $ 250 which shall be held as security for the faithful performance of this pet Agreement and shall be used upon the termination or expiration of this Agreement for the purposes of cleaning the Premises.4.To keep the pet from causing any annoyance or discomfort to others and to immediately remedy any complaints concerning the pet.5.To keep the pet from damaging any property belonging to the Landlord or others.6.To immediately pay for any injury, damage, loss, or expense caused by the pet (In this regard, it is expressly understood that at no time shall the Tenant apply any part of the Pet Deposit towards such amounts due, but rather, the Tenant shall make restitution immediately and separately from the Pet Deposit.7.To keep the pet under control at all times.8.To keep the pet restrained, but not tethered, when it is outside of the Premises.9.Not to leave the pet unattended for any unreasonable periods.10.To hold the Landlord harmless from all liability arising from the Tenant's ownership or keeping of the pet, including but not limited to any liability resulting from the Landlord turning said pet over to local pet policing authorities should the pet be found unsupervised.11.To dispose of the pet's droppings properly and quickly.Also, to coordinate the cleanup of the pet’s droppings with the weekly lawn maintenance.12.To insure that the pet will wear the appropriate Local Animal License, a valid Rabies Tag and tag bearing the owners name and phone number.All licenses and tags must be kept current.13.Tenant agrees to control flea infestation and will exterminate if necessary, and upon demand, in any and all areas affected with full cost to be paid by tenant. 14.Tenant agrees that Landlord will not be responsible for the injury, harm, or death of the animal, and agrees to hold Landlord harmless for any damages suffered as a result of any harm caused on the animal or by the animal upon another person, guest or employee.
George Frye Starting in private Lending
1 March 2017 | 9 replies
Always happy to help.Lending private money is relatively simple, its just a note and security deed here in Georgia, although the lawyers will add some stuff when you close through them, which you should absolutely do. 
Leo A. Rehab Questions (First Short Sale)
2 June 2015 | 4 replies
and patch on the ceiling (HVAC Re-route)- Master Bathroom( plumbing - shower stall not properly installed and leak going down to crawl space, cabinet not secured to the wall, GFCI not grounded, faucet aerator leaking)- Kitchen (damaged vinyl, exhaust not working, very dated kitchen but I think I can salvaged the cabinets and just replace the tile countertops)- Ceiling fans are not operable and missing HVAC registers.- Garage (moisture stains, wall damaged, laundry hose bib leaking), partially converted to a room.
Damian Baynes Security System discount
1 June 2015 | 5 replies
Hi Everyone,So i recently installed a security system at my two properties and when I asked about a discount I was told that they don't offer a discount for systems installed in rental properties.
Eduardo C. Do I need to start an LLC or do it under myself?
2 June 2015 | 18 replies
@Jennifer GriffinI see that you have security deposits listed under income.
Jonathan Twombly Do you need an LLC? Absolutely. There is No Debate About It.
5 June 2017 | 113 replies
Meaning that you keep buying, no matter what, into low cost index funds (or if you are capable of security analysis, individual securities emphasizing low turnover) and over a period of 20-30 years you will wake up rich - especially if the investment was in a tax-advantaged account (401k, Roth, T-IRA).I am not saying stocks are better than RE, or vice versa.  
Brian Kraft What to Do--Brand New Tenant Wants Out for Medical Reasons
3 June 2015 | 16 replies
I have June's rent and the security deposit, but I feel like I should probably do what I can to get the place re-rented (I do my own leasing).