Marci Stein
Late fee 10 percent of rent ?
About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...
Rick Fonseca
Partner has past due child support
Advice me on how to handle this issue please.My partner and I have under contract a residential property for a fix and flip. The issue that has come up is that we submitted everything under his name only and now he te...
Cory Dessauer
inflated natural gas bills?
So first 4 family property owner here. I purchased last month and just got my first electric and gas bill. Let's just say wallet shock doesnt cover it. To break down the tldr, apparently I used 23.59 in gas last month...
Holly S.
New member in New Orleans, LA
Hello, My name is Holly. I just moved here about a month ago from Charlotte, NC but I am originally from Baltimore, MD. I am currently a stay at home mother of two (with one more on the way) and I am looking to gain a...
Nicholas Smith
New Member From Northwest Indiana/ Chicagoland
Hello BP,My name is Nicholas Smith and I currently live in Northwest Indiana, specifically Hammond, Indiana. However, my hometown is East Chicago, Indiana. I graduated Mississippi State University in 2008 and it see...
Latora Harris
Wrap-around crisis-Need advice
Hello,I have a motivated seller who has a difficult situation and I'm having difficulty coming up with a solution. The property was sold last year on a wrap around mortgage to the new owner. The deed was transferred o...
Account Closed
Find balance on a senior position, open ended line of credit?
I am looking at a house where the mortgage is in default and the sheriff sale is coming up. After the sale there will still be an open ended line of credit from the previous owner. The LOC is $25k and was originated...
James Wise
20,000 Post club on Bigger Pockets.
Looks like i've joined a rare club in the last 24 hours. I've hit 20,000+ posts here on Bigger Pockets. We've only got one other active member in the 20,000 post club @Jay Hinrichs
Beyond that we've got two long time...
Mary Jay
Can I add someone to an existing lease? (relative or non relative
Hi guys,So I spoke to an attorney and his suggestion is to have every adult person on the lease agreement.So lets say if I come to inspect a unit and someone else lives there in addition to the person who signed a lea...
Shawn Sexton
30 Year Housing Clause
During a title search, the seller's (wholesaler) attorney informed me that the current deed (from the original seller) has a clause that states the property could only be used for low or very low income households. Th...