Gayle Eisner
Raising Rent on a 30 day tenant
Hi all:I was hoping to raise the rent on my income property but I have never done so previously. Tenant has been there almost 2 years. I was wondering what is the maximum I can raise the rent on a month-to-month agr...
Rahul Kanani
Upset Sale PA, Delaware County - Quiet Title Action & Abandoned Personal Property
I have recently received the Tax Deed to a property which I purchased at the Delaware County PA Upset Sale. My plan is to rent out the property and refinance the property as soon as possible. I have a few questions re...
Gerry Deida
What are some great credit card management and budgeting tips?
In summary: I'm kind of new to credit cards. I am an expat in Bangkok and I have this credit card right now: However, I would like to know if you can share some good tips with me on how to manage it properly, and more...
Hogan Underhill
Tenant late payments
When should I start considering evicting my tenants based on late payment days? How many days in of no payment would you all recommend
Abe B.
Bank Accounts + Landlording
Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
Laura Casner
Legal recourse for Tennants who move out and stop paying before the lease is up.
I have a long term rental in Lake Tahoe (NV side). We had a tennant for a year, who renewed for another 8 months. Two months after renewing she said her company restructured and she lost her job so she wanted to move...
Adam M.
Cost for a Tax Specialist
Hi Everyone,
I am relatively new to rental properties and currently own 3 single family properties as rentals. I’m trying to better understand the cost for a tax specialist. With just three properties, do you think i...
Brett Goldsmith
1st DOT Note Purchase / Foreclosure / IRS tax Liens
Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...
Navin Kumar
Is 80% ratio between expenses and rent too high ?
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Andrew Reyes
Should I raise more capital than I plan to need?
Hi All:I am in the process of working through a business plan with my partner to execute on the BRRRR strategy. We have limited funds ourselves but family and friends have expressed interest in investing with us. If w...