Hello all,I have recently purchased my first rental property and am trying to find the right bank.  I'm wondering if it's better to choose one of the larger banks (Wells Fargo, Bank of America, PNC Bank, etc.) or a lo...

I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...

Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions.  I inherited a tenant who has been getting their rent ...

I loaned a large sum of money to a friend's business LLC and he has defaulted. Can I claim the loan loss on my taxes?? Unfortunately for me, the loan was unsecured but was documented in a Promissory note..........live...

I have been toying with the idea come early 2021 that for any tenant that has taken advantage of the Covid situation and NOT paid rent ( 12 months of rent over $11k in unpaid rent) even with both of them working and w...

Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires  tenants to have an American bank account. We can receive the payment INSTANTLY and F...

Hi All,I overpaid a contractor and they have failed to perform on the contracted work. There were red flags but I had worked with this contractor before and did not have issues. I am weighing suing the contractor but ...

What are the best apps to collect rent? Going to be having our first rental soon and trying to get all of the processes in place. Thanks in advance!

I had a tenant get a job suddenly in another city and had to move. He put in proper notice and left the house in great condition. The only problem is that he got behind on rent after losing his job shortly after mov...

Does anyone have advice on how to find a third-party escrow service who is willing to perform like a title company, but for the sale of a mobile home without real property (hold a deposit, allow me to do an inspect...