Stephanie Smith
MN - how to remove unwanted holdover tenant with covid restrictio
I just purchased a property June 1, 2021. The leases that were signed by tenants and previous owner clearly states they accept that their lease ends when the building is sold and that they will be required to leave th...
Francois D.
Equity build up rather than Cash Flow, why not?
Most investors favor CF rather than equity build up.
The advice is get a mortgage as long as you can (30+years) so you can have a few more hundred dollars in CF.
This neglects the fact that you pay more...
Casey Miles
$1 million in equity and "only" making 56-64k a year.
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
Jimmy S.
How would you handle this?
O boy here goes try to make a long story shortHad first, last and security upfront.Couple moved in july, he was arrested in september.Rent was due September 1st never paid still as of today. I was forced to use their ...
Dan Mackin
Effective Rent By The Room Strategies
As it becomes more prominent in the US it seems there should be a discussion on renting by the room. Yes, I'm aware that this has been done forever with student rentals, but I'm specifically talking about post-college...
John Guinta
Tenant is late on rent and avoiding contact
Good morning from Chicago,I am an owner/occupant of a Tri-plex.I'm a 26 year old kid and this is my first property and first year as a landlord. So far so good and a really positive experience up until my first hiccup...
Chad Hurin
Tenant accustomed to current landlord picking up rent payments...
Hi,I just wanted to get some typical ways some of you landlords receive rent payments. I'm about to acquire rental properties where the long term tenants are used to the current landlord driving by each property and p...
Phil Mays
Property Manager "gotcha"
So I signed up with a property manager on my NC property. I'm paying 10% for their services. Last month my tenant was late 13 days on his payment. I just assumed that the late fee collected was going to be paid to me ...
Rob Barry
Where did I go wrong? Section 8 Horror Story.
So In late 2018 I bought a package of five of those small brick houses you see all over Georgia (less than $70k each) and had the brilliant idea to renovate them and rent them out via section 8. Today I got a $14,000 ...
Stephen Dispensa
Today's NAR Settlement is GREAT news for SOME Agents
Rarely do I feel the need to comment on the state of my industry. I have been a licensed Real Estate Salesperson, Agent, or Broker since 2015. In the 9 years I’ve spent licensed in this industry I have never been impr...