Hello BP! I'm a new landlord here, and I just had my first tenant move out (it was a VERY short lease). I've gone through all of the steps for moving out, and now I only have to return the security deposit. What me...
Hi,I just wanted to get some typical ways some of you landlords receive rent payments. I'm about to acquire rental properties where the long term tenants are used to the current landlord driving by each property and p...
Hello BP Community! I took a brief hiatus from my investing in order prepare for my wedding coming up in a month. Everything is finally in order and now I want to run at least 1 campaign before the big day to get th...
Hello everyone,My wife and I are new to the business. We've been going at it pretty consistently for the past five months. We are combining several strategies for lead generation and direct mail is one of them. We are...
I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
My tenants were used to paying cash, since the property manger used to live near by and would go collect. Now I am the landlord and live 2 hours away and switching the payment to be mailed to me by money order or pers...
Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
Just curious if you pick up your rent from your tenants (not an option I would ever want to do), have the checks mailed to a P.O. Box (I have no interest in having my tenants know where I live with my family), or have...
I have a duplex with tenants I inherited that pay their rent in cash. The current setup is I swing by once a month to collect the rent. I'm going to have them sign a new lease, and don't want to collect the cash eac...