William Collins
Raising late fees does it help train your tenants?
I am thinking that my late fee is to low. Almost every month I have about 25% of my portfolio in Connecticut get a late fee assessed. My question is if I raised my late fee of $50 to 10% of rent which would be betwe...
Gail K.
What are the first steps you take when a tenant leaves?
In Georgia I am supposed to review any damages within 3 days of a tenant leaving, prepare an estimate and review it with the former tenant. In truth the majority of tenants leave and typically never even provide a fo...
Anne Severson
Finding good cleaners for short term rentals
Hello Everyone!
My name is Anne, my team and I work together to manage 25 short term rentals throughout Colorado. Consistently the biggest challenge we face is finding great, reliable, cleaners. This is super import...
Craig Tinervin
Looking for cash flow Multi Family opportunities!
I'm looking for solid Multi Family properties w/ solid cashflow! I'm open to any area. As of right now I have 5 properties in the Philly and Alabama area, but am open to markets such as Ohio, Oklahoma, Orlando, ATL,...
Joel NA
Rent Collection Issues
I'm going to be managing some properties on top of my own beginning this summer. Some of the properties are 20-30 minutes away in lower income, non-subsidized housing. About half of the tenants like to pay in cash or ...
Jeff A.
Damages Claim against Deposit
We just received a notice from the apartment manager we moved out of that they are going to charge $900 against our secrutiy deposit because of a damaged front door, cleaning, and some other minor stuff. He says that ...
Ivan Correa
TITTLE ISSUES ON A MAJOR RENO FLIP
Looking to see if someone can assist with an issue on a property I purchased in 2020.
I bought a Heavy reno 1 family 25X100 property in NJ . Late February early March was when I closed. This was the second property w...
Jim Huntley
Eviction Case in Los Angeles (Rent Control) - Any Advice on How to Handle Court Case/Lawyer?
Hi,
I'm within a couple of weeks of a trial date for a UD I've initiated against a tenant in LA County (Hollywood). Said tenant has been living in my property since I purchased it and has intermittently been a thorn...
Burt L.
Quieter Windows For a Busy Street in Denver, or Anywhere Else
I need to get new windows for a property on a busier street that you can each car "whoosh" by on the front side of the house and will make it difficult for showings and this is a huge window at 8 ft wide by 5 ft tall...
John Kamble
Seeking Advice: Potential Loan Occupancy Breach Due To Sale
Hi BP Community,
My friend is running into what I see as legal issues. The situation is as follows:
She purchased a property as a primary residence and took out a conventional 30 year loan for mortgage on it. There'...