Shiela Zhao
Capital for hotel developments - how to attract big capital?
I have always envisioned that resort on the beach in a tropical country. What avenues of investment make these projects happen? Do government development funds play a large role in this, or is the resort development m...
Steve Boianelli
When do you collect late fees?
I have a question regarding late fees. My lease doesn't specify when a late fee is to be collected but it does specify that if rent is not received after the 10th day of the month a late fee is assessed. Last month I ...
D'vorah Nadel
selling a rental, neighbor is a registered sex offender unknown
My wife and I recently decided to liquidate some of our equity by selling a rental home that had solid rental history. We notified the renters we were selling and their lease was ending that month. They took the news ...
Atul Mohlajee
Next door neighbor wants to sue me for my tenants tresspassing through his lot
I own a 6 unit building. My next door neighbor in another 6 unit building threatens to sue me because my tenants sometimes (not all the time) walk thru his parking lot or smoke while walking thru his lot. My tenants...
Cody W.
Fair offers- what is fair offer conpared to asking
Small town (40,000 pop)…what is a fair offer? I have a house I have looked at and asking price started at $85k. It’s been on the market 1 year and is now at $75k. It needs a roof and has some bathroom foundation issu...
Account Closed
Tenant screening steps
Here is how we screen and find quality tenants. Do you do things differently?http://www.jmbgrouppm.com/blog/item/22-how-to-scre...
Sarah Buchanan
What can we legally ask in screening a felon? (sex offender)
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
James Wilcox
How to Tell a Seller His Asking Price is 2 High!!!!
Ok here is the deal. I am working an off market "deal". There are two triplexes for sale that each bring in $19,800/year per building.$19,800 x 2 buildings = 39,600 Total Gross RentThe seller in coming up with their a...
Dante Foreman
Negotiating with a contractor
I have my first deal funded. Im 45 all in 35k will be used for rehab. Lender has me set up on Draw and inspection then payment for contractor after certain task is done. Although this isn't uncommon Im wondering how I...
Zach J. Arsenault
Advice on maximizing an assignment fee w/o offending seller?
Inquiring about creative ways to maximize an assignment fee while wholesaling a deal. My objective is to avoid offending the seller and the buyer with the amount of my assignment fee. Would you recommend transactional...