James Tackeberry
section 8 non renewal
I am a relatively new landlord. So I am reaching out for others knowledge and insight. I have a section 8 tenet that has been late many months but still payed. I am looking at just now renewing their lease on October ...
Dan Rosen
Is a new lease required when raising rent?
I have some long-term tenants who are month-to-month, and I've never raised their rent. I need to raise it now, since it's significantly below market. Two questions about this:* Does raising rent require signing a new...
Rick Cutrera
Looking for a "Finders Fee" document
Does anyone have or can share a document for a real estate finders fee? A friend is over-leverage with his hard money lender getting ready to foreclose. I have a builder buyer who will buy the property and is willin...
Alex Tanyi
Advice: Potential unpaid utility bill & property inspection.
Seeking advice from seasoned professionals here. After parting ways with a property management company for not meeting expectations, I took control of four properties, retaining the existing tenants. I had them sign a...
David Walton
1099 Filing Question
Hey everyone! I have a tax question to run by you before speaking to an accountant and paying a fee for that!
We took over management for an owner of a 4-plex this year from a company that was shutting down the prop...
Marc Stevenson
Many tenants have no idea how Texas Rent Relief works.
Just had a unique experience. I met with a multi-unit property investor (38 unit). During our discussion he mentioned that he had $30,000 in uncollected rents due to renter non pays during COVID. He was unaware tha...
Michael Elfant
Response from mailers not what we were hoping
Hi All,My partner and I have had luck in getting leads with a simple post card that says the following:Hi ________,My name is Mike and I'm looking to buy your property at property address.Call me at 201-410-xxxx AS-IS...
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Do you have a poverty mentality?
Many of us enter the game of real estate investing with what I call a poverty mentality!
A poverty mentality is simply when one is focusing on what they do not have and in time this mentality can easily turn to greed...
Shane Avila
Dclining a financially qualified tenant.
Hello fellow BPer's
I have an applicant that is well qualified with good income and a good references. I have a bad feeling about him as he is extremely argumentative, nit picky and pushy. He seems like an extremely h...
Elizabeth M Williams
Accredited Investors & Taxes in Multifamily Syndications
I've had a number of enquiries via my site by people who'd like to invest in one of our syndication deals, but can't due to either not being accredited, or the majority of the deals being open to accredited, not sophi...