Hi guys. I want to start working on my blog here in a bit and write some longer, informed answers to commonly asked questions. One of the main questions I find myself answering for hopeful OOS investors over and over ...
Issue: For the May 1st rent, my Philadelphia PA tenant didn't pay and, on May 31st, I served a 10-day Pay or Quit Notice for May's rent/late fee/water bill. Now it's June 7th and she hasn't paid May or June's rent. Sh...
Hi BP,
I have an interesting legal dilemma here. I listed a flip for sale a few months back and accepted an offer (over asking) from a very strong conventional loan buyer. Unfortunately the appraisal came back low an...
I am going through public notices, finding pre foreclosures in my area and want to start calling on some to feel out the owners. What are some soft scripts you use when calling for the first time? I of course don't wa...
I suspect a tenant is going to take me to court over her deposit. How long does it normally take when someone files for court until I would be severed?
Seems as though I've got a tenant that has to go. Guy looked great on paper, but that quickly all went to hell. In three months, rent has been late twice, he's refusing to pay the July late fee, police have been the...
How do you file a judgement against a tenant for damages beyond the security deposit? My contractor quoted me about $6000 in repairs. Security deposit is $1,200 so about $4,800 in damages. Thanks in advance!
In October 2024, I began searching for a property in Colorado but couldn’t find anything suitable on the MLS. Exploring alternative options, I inquired about a property that was listed for rent. I reached out to the a...
I have wavered a lot over the past year as I've considered investment property for both flip and buy and hold in Chicago suburbs such as Park Forest, Dolton, and Calumet City. Mainly, I've been gun shy because of the ...
Hey everyone, we have a tenant who was getting really creepy (like… Really really creepy) so we gave her notice to move at the end of her lease which ends in 2 weeks.
However, she is slightly mentally challenged (pr...