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Hello Everyone, I am new to BP and currently trying to go through the entire podcast series. I have a single family which I'm renting out through a Month to Month agreement and have had it rented for 1 year so far. Th...
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I self manage 6 SFR. With my first lease I started with a flat $50 fee if rent wasn't paid before the 7th of the month at 9pm. A tenant took advantage of that and now pays at the end of every month but I get an extr...
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I've had the same unmarried couple as tenants for 4 years now. They were good tenants at first. But the past couple of years whenever I go in to access repairs, I've noticed they are not clean people. The walls are na...
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I have a tenant who was paying on time. Now the tenant paid late the last 5 out of 7 month. I charge about 10% late fee after the 5th of the month. and a flat rate fee each day after.
This month I still haven...
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Hey, I’m new to the BP forums and to real estate investing. I was curious if anyone in Colorado has worked with New Western?
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I've submitted an LOI for an MHP a few hours away from where I live in a great city, with high incomes, housing values, and retail stores. Seller's ad said willing to carry 50% for 2 years. Asking $100k, I offered $...
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Curious to know if you guys enforce more people living in the house then on the contract.Every section 8 house I rent out always has more people living there then on the contract. I understand some do that as that’s h...
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Fellow landlords and PM, how should I respond to this text message from my tenant? My tenant texted me this morning regarding renewing his lease which ends on October. He wants to revert back to $850/month (which is w...
I have tenant who has fallen behind on rent, and won’t pay his back rent. His rent is $700 a month. How much should our company offer him if we did a cash for keys deal?
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I am under contract on a SFH where there are tenants in place who have never missed a payment in 11 years. They are a retired couple in their late 60's; the previous landlord hasn't maintained the property perfectly o...