Mike Hemmer
Buying an occupied property from Aution.com
I see there was a thread on this but it is several years old. I have purchased several properties from auction.com, this is the first one that is occupied. From the "stalking" I have done, it looks like the actual own...
Nathan Williams
I was served a CDC declaration
This is in Indianapolis. This tenant has been current on their payments up until their September 1st rent and sent a CDC declaration. I been giving them a "temporary" 15% discount and have forgave any late fees on t...
Taylor McClung
Late fee
HI BP,I was thinking through a hypothetical late fee situation and wanted to get your input. Our lease agreement says that we charge a late fee if rent is past due. A tenant paid past that date and our late fee is app...
Adam Goldshmit
Information about Center Point
Hi everyone, I'm a new out of country investor here in Birmingham, Alabama. I tried to look around on Zillow and talked with a few agents and investors on Facebook, and I saw that a lot of people try to avoid from buy...
Mackenzie Gossard
Tenant months behind on rent
Tenant is basically 5 months behind on rent, has been trying to get help from rental assistance programs the whole time but keeps getting rejected. At this point I can’t wait on rent any more and gave a 60 day notice ...
Account Closed
How do I draft lease agreements with no attorney?
Hey BiggerPockets community,
I am helping other investors in real estate and have been asked the question many times about how to draft the proper lease agreement in residential and commercial real estate without an ...
Paul Parker
Land Banks.... Good or Bad for RE Investors
Are Land Banks The Governments way of geeting involved in Real Estate investing?.....There are 170 communities now operating formal land bank programs across the country as of date in the United States. There are 13 s...
Raheem Moore
First Chicago Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $150,000
Cash invested: $4,200
This was my first property purchases with a FHA loan and Illinois Downpayment...
Wade G.
Last Months Rent
I have never been completely comfortable with the whole last months rent situation. My lease states that the security deposit cannot ever be applied towards rent. Well, it has finally happened and a tenant is trying...
Richard T.
Uninhabitable rental
Greetings all,
My first investment property has become a victim of Superstorm Sandy.The one family house is now without electric, heat, or hot water.It will likely be months until essential services are restored.My t...