I inherited some leases and they all provide for payments being due on the 1st of the month and that a late fee will be assessed if they have not paid by the 5th. So inherently they all normally pay on the 5th....I n...
I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
Hi everyone, A bit of a unique situation. My dad invested in rental properties from 2008-2014 and made good rental income on them. Our city has now ballooned in value and no property is renting at 1% of price anymore ...
Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
I'm always looking for good ideas. How do you tell a tenant their tenancy is coming to an end when they are in self denial about the gravity of the situation? Here are some things I've done to send the message "it's o...
Applicant called me and wanted me to rent to his sister, who had an eviction. I told him "no" several times but he would not drop the issue and finally I said "bye" (I could barely get a word in edgewise) and hung up....
I'm trying to understand how tax sales work in Texas to see if it's something I want to pursue further. I'll appreciate corrections or confirmations on the things I think I know and answers to the things I don't.I und...
Hello! I am a complete newbie in the New York City area. The investment strategies that I am most interested in are rehabbing and buy & hold. I want to buy 1-4 unit homes in the NY and NJ area. In the near ter...