Hey BPers I am scheduled to close on my first 4 unit building in the next week. I have been planning and saving for what seems like a lifetime to buy my first investment and now that it is happening I'm so nervous!!!!...
I am weeding through possible tenants for my first rental. Out of the people we have met my wife and I both like an older couple with a small dog that have had a checkered past and were completely up front and honest ...
I am looking to lend some money to a RE friend for one year for her seed money to buy an investment home. I am coming up with two different amounts of interest. Help!
Let's say: $ 10,000 x 12% int x 1 year
When I put...
I closed on a property, with the assumption that I would be getting prorated rent and the security deposit. I only received half the security deposit and no rent. They let me know that the tenant was being evicted, co...
I recently created a website for my future tenants/buyers to be able to see my homes available, applications, contact info, testimonials etc. Wondering how do I add a payment option to the website so I can collect ren...
Hi,
I have property with a PM....as part of the agreement any late fees go 100% to the property manager.......my tenant moved out without paying last month's rent and the property also had a bit of damage and repair ...
I finally took my first action after years of thinking about it. I am hours away from signing a contract to purchase on a three unit house. Two of the units are vacant, but one unit has an existing tenant. I am tol...
Team,I was just curious what you do in this case. I plan to show my property this weekend. Hope to have a tenant ready to move in.Since it is mid/late in the month what are options/ideas/best practices for this?Do no...
What do you do if a tenant who hasn’t moved in yet and they haven’t paid the security deposit or rent yet? Do you have to turn over keys?
I am wanting to loan $100K to an LLC that buys, remodels, and sells houses. The borrower needs to secure the loan so that it can deduct the interest paid to me on its taxes, right?If yes, can the borrower secure the l...