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I’m purchasing a new property and the tenant as been there since 2010 and I’m sure hasn’t had an increase. He’s currently paying $300 and the property next door in same condition is currently for rent for $550. What w...
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Hi Everyone, First time (soon-to-be) landlord here. On many of the rental applications I have seen (including the bigger pockets application) I've seen verbiage that states "Compensating Factors can include additional...
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I am excited to have a duplex under contract that my family and I are going to owner/occupy as we get started with real estate investing. I am also nervous about a few issues I could use some guidance about:We will h...
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When you’re deciding whether to lend to someone, what do you look at first? Is it their credit score, their track record with loans, or the investment they’re trying to fund? Do you rely more on the deal itself or the...
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I have a commercial tenant that I am evicting at the end of the lease term. Their lawyer called me and requested a copy of the lease agreement. Do I legally have to provide them a copy considering they lost the origin...
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Hello all, Thank you in advanced for taking the time to read this post. I've got a triplex in clearwater FL which im trying to decide if I should keep or sell. The triplex consists of two 3/2.5 units and one 2/1.5 uni...
Here is the story. My tenants were 2 days late on the rent, when I texted them with the unavoidable question I got a reply "Hi, I sent you a memo back in June that we were leaving mid. August "What??? I never got any ...
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I am looking to buy a seasonal investment property on Cape Cod where many people are making $100k plus a season. I know the market up here fairly well, so even though it may not be the best ROI it's something I'm comf...
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I officially have my first "failed" rent payment from a tenant.I use an online payment system where tenant's automatically pay rent and have verified their bank accounts through that site.I've had this tenant/roommate...
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I started this thread because someone called me cruel for putting a tenant in eviction proceedings during the holiday season. This is after this tenant has paid me late for the last 6 months straight, and owes me over...