I've been working with a contractor on some renovations and they are threatening to take me to court.  We do not have any signed contracts in place.  What we have is a good spreadsheet with a list of tasks, and as the...

I posted a thread similar 4 weeks ago. 4 in 4.  Technically 8 in 8 is more like 8 in 8.75 ;) but 8 in 8 has a better ring to it.You can check out photos of some of these properties:http://www.sharplineequity.com/8-clo...

Hello BP!I have a duplex under contract in Atlanta. We pulled the title, and there is 24K of outstanding water balances. It's not a lien, but they are bills owed by two different past tenants.In Atlanta, these bills f...

Who should get the late payment fee when tenant doesn't pay on time?
A- The Property Owner
B- The Management Company
and Why?

I'm getting ready to start out, and I'm wondering about this.First of all, our REIA leader last night defined "campaign" as one specific day and marketing method (eg. pink postcards mailed on 5/1). This really threw m...

My mom got a DUI 2 weeks ago. To put it short, she could have to pay over 200,000$ in bills including rehab.
Originally the story was that she was going to be in rehab for 6 months.
Apparently, she will now only be...

Words of wisdom in case this every happens to you:1.  Before you file your insurance claim, contact a Public Insurance AdjusterNot only will you get a higher claim paid for damages, but they will help you determine da...

For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...

Ohio, first multifamily. I'm almost 48hrs into landloring with 2 inherited tenants. Im struggling to understand why they wont give general information. They were inherited with no proof of rent's but have been there f...

Hello BPLooking at a few markets to get started in, including Baltimore, Cleveland, and Memphis. Pros cons to each? Any personal experience or advice?Any advice or recommendations? Ideally, as an OOS investor I'd like...