So I had new tenants move in the last week of July. They paid their first week of rent of rent upon move in (first mistake I should have requested the entire month of August at that time!). Then, August 1 comes, no r...
I am trying to get interest only loan to scale my portfolio and increase my cash flow. I would refi later . Looking for some inputs. Thanks
I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
I was asked recently if I accept partial payments or only whole when it comes to rent collection. I’m curious as to what particular reasons you wouldn’t collect partial payments. Thoughts?
Good morning BP,
I have just fully rented out my first Property. Quick question, just wanted to get some opinions on tenants making two rent payments per month(half on the 1st other on 15th) the newest tenants asked m...
I am new to landlording and this is my first time reviewing a credit report.
Rent: $1,100
Monthly income (before tax): $5,500
Credit Score: 778 (did not miss any payment in last 3 years)
Min. Monthly Payments: 550 (w...
Tenant is always late in paying rent and did not even pay last month's rent. There is no high hope that they will pay for the repair cost after the property is vacant. Hence, I want to do the repair myself to minimize...
Hi everyone,I was recently contacted by someone who wants to buy one of my duplexes using seller financing. I have never used this before and am curious to see if you think this is a good deal or not. Here are the det...
We are looking at an applicant with massive loans (130k student loan and it's a low paying major). The "estimated monthly payment" listed on the credit report is however less than 1k. Is this estimate accurate? Or I'm...
Does anyone know of a service/company that will split direct deposits from select vendors, by percentage, to different accounts?