Anthony Gayden
Lack of Sympathy
I started this thread because someone called me cruel for putting a tenant in eviction proceedings during the holiday season. This is after this tenant has paid me late for the last 6 months straight, and owes me over...
Chibu Ogu
New Rental, Existing Tenant
Good evening!
I should be closing on a rental property in Baltimore in early June. The previous owner has a fabulous existing tenant who has signed a lease until May 2019. From what he’s told me she’s been a model te...
Manny Cirino
List Commissions Dispute???
Good afternoon, I have an issue were a seller decided to hold off on the listing and postpone all showing until the husband felt better. They never cancelled the agreement because they didn't want to pay a cancellat...
Jorge Velasquez
My boyfriend is moving in !
Hello,Tennant wants to move her boyfriend in rental unit. Lease states she needs written permission from me to do so. She is a great tennant, don't want to loose her. What precautions should I take ...do I need to put...
Hayden W Gibson
Should I invest now as a college student or wait?
I am still in college (I have about 1.5 years left), but I have saved enough money for a down payment in a more inexpensive market like Wichita or Indianapolis but I'm not sure if I should hold off until I graduate. I...
N/A N/A
My Biggest Fear
Is once I have the property being able to sell it. Im talking about doing rehabs.
I mean I justt told my partner that we have to figure in carrying costs. But I was just talking to a mortgage broker who said an inves...
Jimmy S.
tenant did not include late fees
How do you handle late fees if tenant has paid the rent late but did not include the late fees. Do you send them a letter, call them or how do you handle it?Rent is due the 1st and 2 day grace, 3rd day $40 late fee st...
Ann Skaggs
Did not sign lease 7 months ago now landlord hot and heavy
Basically, 3 months ago I asked for repairs to my unit. The landlord went bat shit. Telling me my backyard was a common area and it was not mine. The dishwasher has not worked since I moved in asked for repair. Asked ...
Will Fraser
Flip House turned BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $63,500
Cash invested: $120,000
This Flip went so cold it made us go "BRRRR", and for that we are thankful! This s...
Tim Jernberg
1031 exchange questions
I've never done a 1031 exchange before and have a couple basic questions. FYI I am closing on a property soon (I have a LLC) that I may try to immediately resell.
1. Do you need to have held the property for a certa...