Jacob Wietholder
Self Managing Rent Collection
I finally have my first investment property under contract, a duplex with two long-term tenants already in place in Davenport, Iowa. I plan on managing the property myself. What method(s) are best for collecting rent ...
Tyler Walton
Non-refundable deposit
What's up family!
Had a quick question... Once you have house under contract and find a buyer for the home, I have been told you need to get a non-refundable deposit from the end buyer. My question is what do...
Kimberly Hamada
Fee to drop off rent to office instead of direct debit.
Is it normal for a property manager to charge 25.00$ a month if I drop my rent check to his office instead of agreeing to direct debit from my checking?
Phil Reason
Tenant Removal on new purchase in CA
Hey everyone!Just closed on our first property, super excited about it. It’s a duplex in a great part of San DiegoThere is currently a month to month tenant in the side we are going live in. We need to give him his 60...
Shaun Palmer
Tenant Proofing - What do you do?
Hey BPer's
I am just getting going with rentals and I am curious what everyone does to "tenant proof" their rentals?
I am in a blue collar, decent neighborhood (B class) if that helps.
Thanks in advance
Manuel Melendez
Strategy for finding a tenant in December?
Hey folks,I’ve had my first LTR property in Jacksonville, NC listed for about 10 days now. It’s a townhouse listed for slightly over the average market rent for comparably sized townhomes, which I did because it’s als...
J. Mitchell Bernier
Buyers backing out and contracts being canceled
CNBC wrote an article today showing people are backing out or canceling contracts, some are even leaving hefty deposits behind as well. Main reason is that interest rates are going up so much higher than where they we...
Oliver Luz
Refinance and Electric A/C Installation
I just closed on a duplex in Richmond, VA. It is in pretty good shape and I had my friend do some showings right after closing. I live in Florida but grew up in Northern VA so I know Richmond a bit. I got it for 190k...
Joseph Duenas
Business Lines of Credit Secured by Real Estate
I was hoping to get feedback on business lines of credit secured by free and clear real estate. For the sake of this discussion, here's an example scenario: If a person had 5 properties free and clear, valued at ...
Adam McInnes
Joint Venture Going Wrong
I hope you are all well during the Covid Crisis. I have a question about a joint venture that is going wrong. In October of 2019 a wholesaler contact of mine brought me this deal. It is a Condo near downtown Calgary. ...