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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...
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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...
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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...
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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...
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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...
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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, ...
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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...
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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....
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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...
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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...