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Just had a tenant pay a $500 deposit then claim that one of them accepted a job out of state and wants their money back. Of course after receiving the deposit I took it off the market and stopped showing it and turned...
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For the last 6 weeks or so I've been studying RE investing intensely and trying to settle on my medium term strategy. I have about a year before I'm in a strong financial position to buy my first property and I want t...
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Hello,I am brand new at the real estate business, and just bought my first property, a duplex, and received prorated rents during closing for this month of March. One of the tenants will vacate on beginning of May, s...
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“The Truth About Binder Deposit Disputes”By Justin M. Bullock, Real Estate Developer & InvestorI have been very fortunate in my investment career not to have ever personally found myself wrapped in a binder disput...
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On Saturday, Aug 1, a group of Seoul Real Estate Investing Members took an investing field trip to Sokcho, located about 2.5 hours outside of Seoul, to check out real estate investments. Sokcho is a year-round tourist...
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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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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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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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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...