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My selected tenant backed out. Does anybody charge a holding money from a selected tenant to keep if they back out? Something like earnest money when your bid is accepted?'.
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Hey guys! I am looking for some advice and suggestions on streamlining my rent collection efforts. I currently own and manage 9 rental units. In any given month, 5 out of 9 mail me checks while the others pay me in...
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Fellow BP friends,My property manager is struggling to collect rent on time from the tenants in a small (less than 20 units) MF units. The tenants are low income but hard working, blue collar workers who work late hou...
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New to the forum and until last week-end had never heard of Self-Directed IRA. That being said, here's my story:A friend and I both have kids attending college in the fall. We've decided that we would save some money ...
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I just went and saw a brand new "guru" speak today. Her name is Missy McCall-Hammonds and she is a big landlord in Butler County, OH (Dayton, OH area). Her new course is getting launched at the Millionaire Makers Co...
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Trying to decide weather or not to rent our house that we are about to move out of, we have been living there for 8 years and want to move up. The concern is its high maintenance yard. Right now the yard is green...
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I'm closing at 2:00 today on a 6 plex building with 4 occupied units. They are a mixture of leases. The one unit has been occupied for like 8 years and is currently on a month to month/verbal agreement. 1 unit is 4 mo...
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Hello everybody. I am new to real estate investing however this is something I have been wanting to get into for quite some time. I am currently saving up money to buy a 4 unit property and will be using the house hac...
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Good Afternoon...I'm a month away from closing on a side by side duplex that are occupied by two tenants who I'm inheriting. When do I send them a letter, notifying them that the rent (as of May 1st) will be payable ...
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Hi, I'm a new real estate investor who is currently under contract for my first duplex in the metro Cleveland, Ohio area. The property is currently 100% rented. I used many different scenarios in my analysis of the pr...