Hello All, is it common for property management companies to block tenants from paying online after they have a bounced payment? Why would they do this? Wouldn’t this just result in tenants even missing more payments ...
Tenants' check was returned for NSFs. Property manager said they turned in paperwork to officials that if tenant didn't make the check good within so many days she would be arrested!In all my reading on BP and numerou...
Hi Everyone,
I finally took the plunge to buy an investment property after reading on this forum for about 2 years! I've really been enjoying the process, but I'm running into my first "situation" that I'd appreciat...
Hey BP,So like the title says, I screwed up!Okay, story time.I rented my place to three tenants that met each other online. I did a background and credit check on all of them and it looked good.I requested a cashier's...
Do we need to show late fees, check bounce fee etc as earning?
Thanks!!
Good morning,This morning I was notified by my bank my tenants rent check bounced. This is the first time I've encountered this. After reading our lease agreement, my husband and I realize we need to add additional cl...
I want to do a cash out refinance on my house, and use cash to start off this endeavor with no debt. Do you guys think this is a good start or should I find a hard money lender? My plan is to keep flipping houses unti...
Hi,
I would like some advice from experienced folks on the board about an urgent matter. I signed a lease with a tenant and at the time of lease signing, they gave me a check for the move-in funds. They got the keys ...
Other than resorting to a "rent to own" property, what other options do I have for buying my first property after a short sale in 2007, considering I dont have the ideal down payment....?Thanks!
Interesting article ... I recall when the pandemic hit, the overwhelming consensus was that all of the distress and "deals" would happen in Q4 2020 and into Q1 2021. Well guess what folks, if you took this advice th...