I’ve had a tenant in my property for about 6 months. He’s been a problem from day one getting the rent in on time and it’s driving me nuts. So far he’s always managed to come up with the rent and the late fee every ti...

Hi everyone! I'm going to be as to he point as possible so you don't have to read my sob story. .I live in Minnesota. I rent a property from a friend of mine. There has only been a verbal rental agreement between the ...

Financial literacy and knowledge: To be a successful real estate investor, it's important to have a good understanding of financial concepts such as cash flow, return on investment, and risk assessment. This will help...

Good afternoon, I have a tenant, who waits until the day rent is do to tell me that she could not make it to the bank to deposit the rent into my account. she called that night and asked if I could pick the cash up at...

Hi Everyone,I have tenants that notified me of their intent to break their lease and leave their apartment with 60 days notice (allowed in our lease). I provided them with a formal notice to vacate. At the end of that...

I do issue 3 days notice every single month which they would eventually comply but they take that opportunity to delay things , they rarely communicate with us if there is a delay on the payment.  Do I have a case for...

Hi all,Is text and/or email an acceptable way of discussing pending issues with your tenants? Or does any communication regarding rents, fees, utilities, etc. have to be done via mail? If for some reason you end up in...

Hello fellow landlords,
My wife and I are new landlords. We just bought our first rental property last week and inherited the previous tenants. We've read the multi-family millionaire book and are planning to apply t...

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...

I have a property that was previously managed by a property management company, and I decided to take over the property management myself. The transition with the property management went smoothly; however, I've encou...