I'm having difficulty with a purchase and determing if it makes sense. The thing that worries me is what covid has done to our tourism the past two years. Below I'd the breakdown, but I'm still waiting on the financia...
How do you guys respond when a tenant tells you they can't pay until the 15th or 20th? Or they want to change the payment date to the 5th or 10th? What are your exact words and responses to these situations?
I'm VERY new to this, so I have to be overlooking something. In Illinois they do a bid down auction on the penalty interest. And after some research, I found the majority of the winning bids on the liens go for betw...
My property manager advised me to consider renting to Section 8 tenants. This is my first property in Las Vegas and I am still learning the peculiarities of this market, being an out of state investor.I have heard mi...
Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
I have a great tenant , 23 year old guy . Just texted me telling me he wont have the rent on time . He has a car payment and rent and doesnt have enough for both . I have to believe his excuse . He is in the Coast ...
After reading the glowing reviews of Memphis Invest on the BP forums, I decided to take the jump and give them a try. A couple weeks ago, I spoke with one of the portfolio advisers, and we scheduled a follow-up call f...
There is always a group of tenants who pay rent late often or even most of the time. I understand that life from paycheck to paycheck is hard to manage financially. I was wondering, why not have rent due when the payc...
Thanks to all the wonderful advice I have found by lurking around on BP for the last few months we are now under contract for our first rental property! It's a 3/1 SFH and we should be closing within the next 2 wee...
Late last year,
partnership company acquired a multi family property that help I manage.
Rents were ok but all utilities
were included per the lease. Net income is low because of this reason. As soon
as each lease...