I'm a new landlord so this process is all new to me. My issue is I had a three month lease with a tenant and they moved out a month early saying they just got in over their heads. They moved out without warning and th...
Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
We are still fairly new to this- we've had two turnovers- one was very easy (next tenants moved in the same day, we didn't even have a chance to shampoo carpets for them) and the second, well, due to smoking, cigar...
A question for you veteran landlords....
I have a very nice condo that is highly sought after by prospective tenants. I had someone who wanted the unit, and called me stating that he wanted to lease it, and would b...
I've never used hard money lender before, I was wondering if it's fairly common to use a hard money loan for a down payment on a commercial mortgage. I understand that hard money is generally geared towards the purcha...
Hi BP Nation! I hope you all are having a great week. I apologize in advance if this question was already asked. My father-in-law recently retired and relocated back to the Caribbean this past February. He rented out ...
Tenant moved in July 15, 2015 with a one year lease. Tenant informed me in June of 2016 they would need to move in January 2017 so I didn't do renewal paperwork. I was sloppy on the initiall lease and and missed the ...
I am a new landlord who bought an already occupied rental property. The tenants have been there for almost two years and haven't missed and rental payments. One month after we buy the property the tenants inform us th...
Gov. Murphy announced today that he has signed an Executive Order that will allow tenants to use the security deposit as a rent payment. Curious to know everyone's thoughts on this and how the EO will effect your busi...
1. Offer Early Bird Discounts
During early March, we already understood that April would be a tough month. We created an early bird program and discounted rents by $50 if residents paid for April by March 30 and a $1...