So I have learned that when trying to create a list with owners who have less than 10% equity, I accidentally made a list of a bunch of reverse mortgage owners and mailed all of them. LUCKILY I only mailed one zi...
Tenant has been renting my property for 8 months. They paid the rent on time for most the first 6 months. The last 2 months the rent has been late. The late fees were always paid per the lease agreement. However, this...
I'm looking for a document to give to tenants which outlines what is a tenants responsibility and what is a landlords responsibility.
This week I've had tenants calling me with some pretty outrageous request...
Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
I am on the verge of an offer on a SS property in Northern California. I think the property is worth $465K, but the listing agent already has an approved short sale from a previous buyer that walked out at $475K. So...
How Much is Too Much to Charge Your Tenant in Late Fees?
3 bedroom house with 5 kids. Went for an inspection, smoke alarms were off including the bedroom ones. Tenant says it because when she cooks all the smoke alarms 🚨 in the house 🏡 go off.Of course I want her to put the...
Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
Hello World,
I have been doing research on "cash" offers as an investor and the results I have came up with is a "cash" offer can be consider any funding that is or has the ability to be liquidated without continge...
Happy Monday BP, I have a good tenant who has moved in her boyfriend. I was notified after the fact. They have been a good tenant for ~8 months into a 12 mo lease and have discussed renewing the lease in other conver...