We will be sending our tenant a pay or quit notice for non payment of rent for a rental house located in Houston Texas. We are new to this. The lease stipulates charges for late fees(an initial charge and then daily)....

Hi all! I am a young aspiring real estate investor who is working on educating themselves about lots of different aspects of REI. I am currently reading this one book "The Real Estate Wholesaling Bible" by Than Merril...

Tax deed properties earn 12% interest.  Should a interested party (past owner or mortgagor) seek to redeem the property with right of redemption. They must pay back what was paid to the county for the tax deed. the co...

Hi All- I am in the process of refinancing my 2nd BRRRR. I'll be getting a check for roughly 68k. My goal is to buy 4 doors this year and double that number every year until I hit 15K monthly cashflow. Right now I'm a...

I was wondering if anyone has a good letter that introduces a new Property Manager while removing the previous one.  I recently had to remove my PM from some of my properties and I am taking over the PM responsibiliti...

I'm having a hard time understanding the Pro Forma Cap Rate in the Rental Property Calculator.  I have a property that I'm looking at and the pro forma cap rate comes out to about 8.26% with my after repair value at $...

I'm a bit confused on how a short term loan for a fix and flip works as far as the payments go.  For example if there was a 100k loan with 9% interest, what type of terms do companies typically offer.  I'm wondering h...

I'm currently immersed in "The Multifamily Millionaire" Vol II by Brian Murray and Brendan Turner. On Page 235, a calculation for Cash-on-Cash (COC) return for Limited Partners (LP) caught my attention. I'm seeking as...

Hi I recently had a tenant pay a full year rent upfront. Now my prop manager is saying he can only pay me monthly and not give me the full years rent as it is not legal. I have done zero research into this but figured...

During an eviction do tenants keep incurring late fees on future months of missed rent?