Robert Davis
Notice to quit
Hi all,
I have a tenant that continues to get worse and worse with rent payments. Their communication is painful and they refuse to pick up the phone. I have been extremely patient but we are moving in the wrong dire...
Jared Khan
Partnership - Financing Issues?
BP - a close friend of mine has $100k liquid and wants to invest it RE with me. Preferably a long-term rental/hold, but flipping isn't out of the question should a deal present itself. Our idea was that I/we use the l...
Blake C.
Verifying Income
Do you look for three times their net or gross income? I have someone I really like that is close but his child-support pushes him under the 3x rule.
Carlos Quiros
Checking Rental History
New investor question here....When looking at a property with tenants in there already is it common place to contact the property management company and ask if they pay on time or is there another method to finding ou...
Jonathan Small
Investing in Dividend Stocks vs. Single-Family Rentals: A Comparative Analysis
I am trying to evaluate buying dividend stocks versus another single family rental. What do you think is the best option.20k in stocks I am looking to buy: Alteria Group (MO), Enbridge (ENB), Devon Energy (DVN), a...
Richard Mace
Deals a decade ago?
There are always stories about people who were burned buying before the financial crisis a decade ago. Can we get some inspirational deal rundowns from people who have held from 2008-2010 purchases? What was the deal?...
Lisa H.
Buying a house with a tenant that has lost his job
I have just been notified that the house I am in contract with--that currently has tenants renting out--has been late with their rent for the last 3 months due to a job loss. I just got confirmation he got a job but o...
Ely Lenik
To Accept or not Accept...
Need some advice from veteran landlords. I have a female applicant for an apartment in a 2 unit house who with 2 little children who is currently going through a divorce. She's had a good stable job for 15 years and...
Robert Clement
How to deal with recurring late payments?
I have now 3 months that I been sending to my tenant 5-day notices to pay or vacate on the 6th of each month, but they just wait to the 5th day of the notice and pay (last minute). What can/should I do? I have been t...
Jim Rivell
Private Loan Payoff Documents
Hey everyone - I am going to be paying back a family member who lent private money on a deal recently. We did sign a loan agreement at the beginning of the loan and there is no early pre-payment in the contract. Do yo...