Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
Hello All,
I've recently relocated to Nashville. I'm about to sell my house in TX and am looking to invest the $...somehow. I'm in a great rental situation- affordable/great neighborhood- and so I'm looking to work...
Just bought a four Plex in Las Vegas all speaking Spanish tenants except for one ( not that that matters ) but apparently they’re trying to push the boundaries because we are new owners about paying their rent on time...
Hey all,
I am beginning to come across more and more fix and flip opportunities. I use a hard money lender for the purchase and the rehab. I typically need to bring $75K-$100K to the deal for the down payment. I woul...
I'm considering starting a vacation rental in Fort Lauderdale. The numbers look good, but does anyone have experience registering with the city here ?-How long does it take to get approved?-Anything I should do to en...
Hey BP family, I've been following BP since about 2018 and after all the analysis paralysis I've finally acted and bought my first duplex. I currently am in the middle of renovating it and hoping to get a tenant in by...
Hello,
My husband and are having our first issue with tenants not paying rent. The rent is strictly due on the 1st of the month. They have been late for three months in a row including this one and we are concerned ...
So, my sister is in kind of an odd situation and I'm not sure what she can do. Just a heads up, she didn't sign any lease agreement or documentation for anything (which she was already lectured), so I'm here strictly ...
What if there's current tenant in the property I am considering renting month to month; Im not looking to raise the rent yet but how do I secure deposit/advance? Or those dont apply on month to month rent? Also, how c...