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Every time a tenant moves out, they don’t pay their last month’s rent. Sometimes they leave without paying the last two months of rent. Security deposit is not enough to cover the turnover and back rent. It seems near...
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Hello All!Loving this forum, thanks for all the info. I am currently considering a deal on a very small park as a way to test if MHP's are going to be for me or not. Based on everything I have read and heard, it seems...
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I own a 3-unit property in San Diego on the edge of trendy North Park. It's always rented and has great cash flow and probably around $800,000 in equity. I purchased it as a single family with a VA loan and used the B...
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I know the closing costs are paid for by the buyer and I understand that. But in a wholesale deal where the seller, the first buyer (me), and my buyer (third party) are all at the closing table, can the price of closi...
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Hello Fellow Investors!I just closed on a rental property in Austin, Texas about 3 weeks ago, and I have property manager in place already.My question is:1) What are some of the main things I should be aware of?2) Wha...
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I plan to wholesale real estate and am trying to clear up some issues. The biggest issue I have at the moment is understanding the timing of when the title company begins a title search on a property. I'm concerned ...
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Just curious, on the percentage of tenants cause problems. Could be property damage, breaking leases, evictions etc.
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So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first. So of course they go in and find a whole list of violations, most of them typical which I would repair anyhow...
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For three months now, tenants are saying they cant pay rent due to being laid off from their jobs and they are barely surviving. They said they have sought help from their church but they only received assistance to p...
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While setting up a preventive maintenance appointment in early March, the tenant calls me and says 'my sister has been living there and paying rent. I moved out.' She asked if her so called sister can take over when t...