Norma Rosa
I bought a duplex and one tenant said she won’t pay new price
So I purchased a new duplex which is very exciting and now I’m a landlord. I took over a letter introducing myself to my renters and one of the tenants is perfectly fine but the other one says she can’t afford that mu...
Nikki Stoddart
$600 Late Fees in Texas
Hello all,I recently purchase a Texas MF with tenants in place. The lease that the tenants signed with the Seller states that rent is due on the 1st of the month. On the 2nd, a $50 late fee is charged, plus a $20 pe...
Kim Coleman
Potential tenant considering bankruptcy in Baltimore Maryland
Hello Bigger Pockets community!So I'm in the process of vetting tenants for my Baltimore rental. Here's the scenario - military applicant with 6x rent in verifiable income, no evictions, no criminal record, decent cr...
Erica Smith
Inherited tenant not paying rent
I recently purchased a multi family with a tenant that is on a month to month lease. She has not payed her rent for September and is giving me the run around. Should I give her 30 day notice to vacate (her prior lease...
Jon-Michael Veronesi
Can you just send a bill fot eviction fees?
I have these chronically late tenants. I gave them a 14 day notice to pay or vacate. Time ran out so I filed with the court and sheriffs office. This cost about $45. The sheriff must’ve came and the tenants put a mone...
Adam Craig
Contacting tenants before late charges kick in?
Our rent is due on the 1st and we offer a 3 day grace period. After 3 days a $25 late fee is applied and $10/day after that.We recently switched off our property manager and we are managing all 32 properties in house....
Joel Philson
Midterm rental arbitrage?
I'm brand new to investing (aka no experience, no doors) and have heard on multiple podcasts that short term arbitrage can be an effective way to get started. I also keep hearing that STR is rather saturated overall, ...
Wesley Myers
Healthcare insurance with your STR business?
Looking to the future with the goal in mind for managing my rentals vs working a W2 job with benefits what are you doing for healthcare insurance? My current state job has great insurance for our small family of 3 but...
Vince Greenland
How do you determine vacancy rates
This is obviously a very important measure of success of a multi-family complex. However, we have approximately 90 units and are looking to expand, so the calculation becomes a little tricky.
i am looking fo...
Anthony Hulse
Brand new
I must have an entrepreneurial mindset, because I keep coming back to running a business.Long story short, I quit teaching when my son was born with severe disabilities. I got into the mutual fund and insurance busine...