Xumin(Cassie) Ma
Smoky Mountain Cabin
Hi all who are investing in Smoky Mountain area (Gatlingburg/Pigeon Forge/Severville)! Is it too late for me to try to get into the game? Are those cabins overpriced? I just saw one cabin had a price cut $100k...Is it...
Scott Hayes
Difficulty Finding Lender for Cash-out Refi during COVID-19
I am at the BRRRR stage in my current rental project. I also have a property that I want to refi and pull out equity.
A lender I have used before has no interest in cash-out right now due to portfolio risk of COVID-...
Stacy Brown
Deposit return in AL
I have a question about returning a deposit. We had a 12 mos lease in the state of Alabama and a tenant left early. They did however continue to pay until it was rerented. Which was 11 days after their last day. They ...
Joyce Jackson
What can I do? Fl. Lease expires EOJ Tenant refuses to leave.
I have a tenant that has been late paying this whole year. Every month she pays two to 3 weeks late.Ut stayed with just a few says then 10 days now every month she's 3 weeks late. They do what they want to upgrade th...
Taylor McClung
Late fee
HI BP,I was thinking through a hypothetical late fee situation and wanted to get your input. Our lease agreement says that we charge a late fee if rent is past due. A tenant paid past that date and our late fee is app...
Joseph S.
Memphis Class C Neighborhood Investment Profile - Actual Numbers
I’m currently focused on A- and B+ properties in Memphis because of the better tenant pool, vacancy, repairs, etc. however, I’ve heard that my overall returns may be better if I focused on a few C properties (comparis...
Jonathan Shnoravorian
Turnkey In a Hot Market Still Profitable?
Hey all,Would love to get some feedback on investors working with turnkey companies. I have been in contact with a few. Some work vertically integrated with everything in house, but cash flow returns aren't worth it t...
Karen Young
Tenants' check bounced. Property mgr mishandling?
Tenants' check was returned for NSFs. Property manager said they turned in paperwork to officials that if tenant didn't make the check good within so many days she would be arrested!In all my reading on BP and numerou...
Account Closed
# Grace days if any, before late charge per day?
It's that time of the month, again!What's your late rent policy?Do you give any grace days in between the due day (ie, the 1st) and the day you start applying a daily/weekly late charge?I've been thinking of doing $10...
Shiloh Lundahl
What are realistic rates of return for passive investors?
For people who are non-accredited investors, that want passive investments, what have you found to be the very best return for a passive (or nearly passive) investing opportunity?