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Most leases I've seen have a "grace period," rent is due on the first, but a late fee is not assessed until the 3rd or the 5th. We've had this in our leases and it has not served us well, and to be honest, we have inc...
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I'm starting out buying tax liens looking for returns not properties. Now I'm hearing some people saying tax liens can be a bad investment. I have done extensive research and what I keep find out is if you do your due...
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Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks
How soon do you guys start charging a late fee for late rent? I used a standard lease form that my agent provided and it says rent due on the 1st of each month. Then 3% late fee if more than 10 days late. Is that s...
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Not RE related, but with so many smart people I wanted to try my luck. I hope this is the most reasonable forum for this.
I was hoping for just some general ideas on selling half of a business, from one 50/50...
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I'm currently managing my first rental property in Cleveland, OH and found what i thought to be a great tenant. He pay the first few months rent fine using apartments.com, but has not paid this month. I texted him and...
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Sponsors: What deal structure are you currently pitching to your LP's and why?
Passive Investors: What is your favorite structure assuming the sponsor and market have already checked the boxes for you? And why is it...
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Can you use 1031 exchange strategy with a self directed 401k?
Thanks,
Mike
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If my tenant gets their gas shut off, can I shut their water off to prevent the pipes from freezing? I tried doing some research but it seems it's all in relation to self-help evictions, which isn't what I'm tryin...
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Hello Everyone,This is my first time posting here and was hoping to get some assistance in reviewing the loan terms I've received from a local bank. Are they good? Are they pretty standard? This is my first time se...