Chereny Woodard
Property Management Woes
I'm fairly new to real estate investment and I have one rental property thus far. I've had some property management nightmares. I recently found a new property manager who seemed to be a lot better than my previous ...
Mark Douglas
Need help wording a seller-financing proposal
First go at offering a seller financing deal, and I'm a little unsure if I'm wording the offer correctly. Here are the numbers:4plex for $156k- I'm offering to pay ALL of the buyer's/seller's closing costs, and pay b...
Laurence Walsh-Hodson
Norada
Hi Friends, I'm wondering if anyone here has had success with the turnkey company Norada Real Estate Investments?Thanks, Laurence
Karen S.
Property Management and Tenant Late Fees
I have a tenant that has been paying rent late for the last 6 months. Rent comes in anywhere between the 15th until almost the end of the month. Is it typical for property managers to keep the late charge collected? ...
Christopher Rucks
Normal to pay a brokerage service fee of $500?
Hey friends. I'm an NYC-based investor working on investing in the Philly market. I'm building my team in the area. An agent I've been working with said that her brokerage charges a $500 fee if I go under contract for...
Dana Holland
Tenants: "Sign off on move out condition or you can't show house"
Tenants lease is up on the 31st (next Monday). They have been overly-entitled and argumentative throughout the lease. We have the home on the market to sell and their lease states that they will allow us to show it w...
Wade G.
Make sure you have a very large reserve fund for landlording?
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
Matt Kennington
Tips for filing against a tenant in small claims court (Houston)
Short Version: My wife is helping her father manage a rental property in Houston and we need some tips for filing the paperwork in small claims court for damages and unpaid rent. We didn't have to actually go through ...
Eric Medemar
"Here Is What You Say To Investors" my Personal Call Script
Hey, Eric Medemar here. After getting hundreds of questions asking “What do I say to investorsâ€, I put this little guide together to help you out. On this first page you will find what looks to be about a 30 sec...
Brian Pleshek
My First Auction
How did I do on this deal?So, I decided to purchase a second rental property. The property I found was a SFH on foreclosure auction. The price I finally bid was $76k with approximately $4k closing and buyer's premiu...