Hi, all. I just closed yesterday on my second SFR with inherited tenants who have been there 5 years. As of today, they have not paid rent for the month ( was due on the first). We tried getting the previous managemen...
I just closed on a duplex 2 weeks ago and the long term tenant (10 years) just mailed me his rent check. The prior seller renewed his lease just last month to 1900/month which is about 1k below market. He is elderly a...
Is anyone familiar with any laws they've passed either federally or in PA having to do with rent collections? I read something about halting evictions. Could a tenant who is struggling for money in these times refuse ...
Hi, I have a tenant that lives in NJ. We agreed to have him under TRA which was supposed to only last one year. Somehow he got it approved and we are on the 2nd year. The problem is that he owes money from past due...
I offered a 4 year lease which has 2 years left and now I’m trying to get out of it with the least of problems. The tenant is excellent, they pay on time and keep the house in a good condition, except that I suspect ...
Investment Info:
Townhouse fix & flip investment.
Purchase price: $264,000
Cash invested: $10,000
Sale price: $405,000
Townhome built in 2007 on the edge of city development. That area boomed...
Hello everyone!
I am blown away by the amount of information on here and the number of truly skilled professionals who are active in discussions.
I am new to RE investing, but have already put my first deal together...
A peer told me their rental story nightmare. They had a tenant move in and he paid on time every month for the first few months. Then he missed a payment and when confronted he said "If you evict me, I'm going to tras...
- Purchased strip mall in 3/2003 in Chicago, IL for $4,800K- Sold it in 11/2017 for $4,660K- Closing costs for purchase/sale $600K- Capital improvements $300K- Total depreciation claimed over the years $2,300K- H...
my tenant moved in on 11/1/2019. she is on a 1 yr least. before her lease signing I had told her a pet (small dog or cat) would be allowed with a $25 per month pet rent added to the rent. I went over to the house unan...