FYI everyone: King Trump's "moratorium on evictions" doesn't just stop evictions, it creates a federal crime punishable with up to one year in Club Fed for landlords who violate it. Be verry careful folks. Read more h...
From what I know cap rate is calculated as NOI/Value of Asset (Down payment+amount financed). While the cap rate seems like an OK calculation, it does not include the part you pay for financing so it is possible to h...
I am planning to move to New Jersey; county, not yet settled. But I desire to engage in the pre/foreclosure transactions. Is there any one on the forum able to give me a firsthand information on this subject? Is there...
OMG, this is so messed up! I had to evict tenants once that came with a property purchase after a year and a half of trying to really work with them, even bending over backwards to try to accommodate them, but eventu...
I have a tenant who has been in my property for less than a year. I gave them a 60 day notice (more than required) letting them know rent was going to be increased upon a re-signing of a new lease. Thirty days to th...
Wondering if any landlord/property manager out there has had luck getting tenants to pay solely online versus dropping rent payments off in office/mailing payments. Our company is trying to minimize the amount of rent...
I have around a 30 unit rental portfolio. I've become pretty bad about applying late fees when the rent is submitted late. Is anyone aware of a web based property management system that allows online rental payments w...
Hey everyone, first post here.I was wondering about my options on a loan for a 4 plex and using FHA loan Financing. My question is do you really have to live in one of the units for a whole year in order to qualify fo...
Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant financial stress. To...
I've created an account on this forum solely to seek advice from other property managers about a situation in my workplace regarding my commissions being garnished.The backstory is that last month our occupancy was sh...