Dar Fornelli
Tenants paid full rent late, but have not paid late fee
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
Jeffrey Giffin
Delaware?
I have to ask....why do I see little to no action here on the forums from the Delaware people? There has to be some movers and shakers from the area.
Account Closed
Question for former military service members. To retire and invest late or get out and invest early?
Should I retire and start my investment, or should I get out and start investing early? I'm 24 years old, married, and I've been in for 3 years and currently an E-4 in the Navy. Just like every other service member ou...
Adam Boonzaayer
100k to burn, best cash out strategy?
Hey all,I have a kind of unique situation. My wife and I (we're 25 and will have no debt) are about to close on the sale of our primary and make about 100k, by a stroke of luck, and some sweat equity. Our goal in the ...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Calvin Thomas
Help me understand mortgages for investment properties
Here we go. Initially, I was a web guy and I founded a few large web sites, which I sold a few years ago. I still have a few, but the large ones I sold off. I picked up a house, a car and the rest were in Vanguard ...
Michael G.
How to manage the Property Manager
I may be the only one with these property management issues but it seems to be a recurring theme.
I've owned 4 rental units in a particular farm area. Almost without fail every single property management company I've...
Sharon Vornholt
Probate Leads
In my city, our probate leads are published in the newspaper at the same time each month. I am finding that even in some big cities, folks are still having to trek down to the courthouse.
I was wondering, where all o...
Michael Burks
Mentoring Cost $20,000
I went to the 2 day Life Styles Unlimited class this past weekend with the goal of learning and finding a multi-family mentor to begin investing with. Like a typical sales funnel I quickly learned it was a brief over...
Milind Shastri
Agent reluctant with low ball offers :|
Hey Everyone,
My wife and I have been looking for our first investment multi-plex for the past 4 months in the DFW area now and we've made several offers too till now. However our agent seems reluctant when we come u...