Tim Siocheng
Covid times: Section 8 tanant missed their portion of rent
I have one property that being rented out to section 8. This march i noticed that they missed their portion of the rent and I got charged with their utility bill. I contacted my PM in regards to these concerns1. PM to...
John Warren
Help! First late rent
Hello everyone!My wife and I closed our first deal on the 7th on our new four unit property which is fully occupied. One of the tenants is a co-worker, which was not something I was terribly excited about initially, b...
Sofiya Cherni
Incentives for tenants with chronic late payments
Tenants usually pay on the first Friday of the month. I’ve had them for 2+ years, 0 payments were received on the first of the month. I don’t send out late rent notice nor eviction notice, they are my literal neighbor...
John Ringgold
What's the typical lease missing that you've added to yours?
What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again? Not looking for the specific wording unless you'd like to share, but the "...
Lesley Resnick
Will Covid kill Cash?
Will covid kill cash?
Digital payments have been growing by leaps and bounds but will this health crisis be the final straw?
I have seen a lot of local businesses request that you pay digitally or in some cases no l...
James Park
New Landlord. How to handle a situation when tenant cannot pay the full rent amount
I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.
Long story short, in July, I had an unusual storm in Chicago that put 6 feet of water in my basement. I have sp...
Owen Schwaegerle
Breaking the Section 8 Stigma
If you’re a landlord you’ve been trained to be leery of Section 8 housing. There is a negative stigma associated with the program and people who receive vouchers in the program. We recently had a panel at the SLO Real...
Jenna Barnes
I am starting in property management and I’d love some advice
Hi guys! I am wanting to start investing ASAP and I have recently started a property management position. I am 18 and in the process of getting my KY real estate license but I really want to go ahead and invest. I hav...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Ben Meddeb
My first rental disaster
my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...