when there's a late fee policy of a % of the rent and a partial payment is made. Say rent is $1500 and only $1000 is paid. Is the % on the total rent or just the unpaid amount. Ex: say the fee is 10% Rent is $150...
My dad sent me this article today: https://www.bloomberg.com/opinion/articles/2019-11-04/millennials-should-be-happy-they-are-stuck-rentingWhich one of you wrote this?!
Greetings bigger pockets.I need urgent help. I am living in an owner occupied duplex and renting out the other side. This is my first rental and I closed last December.My tenant just got shot last night. It's not clea...
Inspired by @Brian Burke's harrowing story of surviving the economic meltdown, I'd love to learn what other lesson's people gained through that time. Many survived, some thrived, lost it all... While I don't think we...
Yet another tenant problem has arisen in my insane little universe.
So, I have a tenant who has given her 30-day notice that she is leaving. This person believes that she is loved and wanted by all and was of...
I know this is a big topic of debate with people with different opinions on Section 8. I have done the research and decided that this is the way I want to go with the properties I'll be closing on soon. The only probl...
I have a tenant who is over due on her rent and need a little advice. A little backstory on this: She is in a 2 year lease that expires 7/1/15. She has been consistently late but generally paid monthly 15 days late up...
I have been trying to learn all I can about the different real estate strategies and I always like to have multiple exit strategies. Completely understand in a 1031 exchange the new property needs to be a higher basi...
I'm hoping this is the place to share this. I'm driving around an old neighborhood of mine tonight and I see a FSBO, Two family house in the A- area of the nicest city north of NYC. Decent schools, lowish taxes for NY...
Thought I'd share my recent decision to not complete a 1031 exchange and get your thoughts. I recently sold an investment property with net proceeds of $1.8M. Cap Gains on this will be ~$400K. 1. I was having troub...