Javier Perez
Late lease payments grace period
Hi, This is more of an opinion question I guess. Currently, I do the following for my tenants:1. Send out a notice on the 1st of the month as a reminder that rent is due.2. If payment is not received. 24 hours before ...
Anastasia Rodriguez
Under market rent tenants
Hello everyone! So I’m officially under contract for my first multi unit house hack, but I’m having a bit of hesitation about the 2nd unit. The tenants are wayyy under market rent but have been there over 10 years so ...
Joel B.
Tenant Leaves Middle of Night
I had a tenant here in Colorado. I knew he fell on hard times and filed bankrupcy but did not include rent in that filing. He said he wanted to stay until lease was up (August) but I felt he was not being straight w...
Jonathan C.
Sending Letters to Try to Get Private Lenders- Is this a Security?
I'm looking to send letters to people who I've found through public records who I know have loaned money on real estate in the past. I've researched this on BP, but can't seem to find a good, definitive answer.The le...
Ellie Perlman
Fighting COVID-19’s Impact on Multifamily Properties
I’d like to share with you what we’re doing with our properties to mitigate COVID-19’s impact on our properties, with the hope that you can use some of these ideas and strategies on your own properties. If you have ad...
Dev Roy
Mentally-ill man broke into property, scared off tenants
Wondering if anyone has dealt with mentally-ill people and courts and could advise me. Some background . . . my husband and I bought a row-home from an elderly woman in 2006. We lived there for a little over 12 years ...
Nadir M.
Owner wants to switch property manager mid lease.
Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...
Mushtaq G.
Tenant breaking lease
Hi friends, purchased my first rental in may this year, got it rented in mid June, signed a 12 month contract with tenant, about a week ago tenant sent me an 'official' email that there is a mice/rat problem, althoug...
Jason Malabute
REACHED NEXT STEP ANOTHER OBSTACLE... WHAT SHOULD I DO?
To summarize:I am an investor from Los Angeles. The market here is too high. So I determined that I need to invest out of state.Last year , I researched my market, and determined my submarkets. I determined that I wo...
Najy Lyoubi
Closed an Owner Financing deal without a Purchase Agreement?
Hello Bigger Pockets Community!I live in Las Vegas, and just purchased my next door neighbor's house. All our agreements were just verbal, and I had a Lawyer supposed to do the PA for me. I am the buyer, and most of t...