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I'm just starting out and I want to know if I'm doing this correctly and I would like feedback on a SFR condo in Kissimmee, Florida near Disney World. The purchase price is $68,500 with a 15% Cap Rate. The owner has ...
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Hey folks,
Here's the scenario, I've got some friends that want to buy a condo on Pensacola Beach as a short term rental, but they don't have any real estate experience and they want to bring me in on the deal to man...
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Hey all,This is my first post on BiggerPockets! Some business associates and I are looking to purchase a 2-3 bedroom house in OKC, and we are beginning to analyze deals. I'm asking specifically about Airbnb since ther...
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I have a rental house and the rent is due on the 5th of the month. I give a 5 day grace period after the 5th. Say that they pay on the 13 of the month. Do you charge your daily rate for them being late or do you let i...
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Hello All,I have a newly renovated 1BD/1BA for rent in the Burholme section of Philadelphia. My question to you all is, outside of Craigslist, placing a sign outside the property, and telling friends and family, wher...
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Good morning everyone. New to rentals and it’s been 20 years since I have rented a place myself. Looking for ideas on how to structure my late fees and what you charge. Do most people charge a set amount or is it b...
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I picked up a SFR with a tenant in place. After meeting and discussing the new rent amount and late fees they asked if they could move their due date back. I agreed and told them that the first month would have and ad...
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Does anyone know a good property management software with weekly billing and late fees to tenants, that allows them to pay online?
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I have someone who just rented a home from me and paid her first months rent but has changed her mind about moving in. (she has not paid the security deposit yet) She signed the lease 5 days ago but has yet to move in...
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What kind of late fee do you charge, and why?One-time charge of $XXXSmall fee that starts on Day X and continues to accrue daily until Tenant pays in fullCombination of a one-time charge and then a smaller daily feeWh...