Jocelyn Doumani
Help! My tenant is a drug dealer.
My husband and I purchased our first investment property. We renovated it and found tenants to move in on the first of this month. Today, someone randomly reached out to us and warned us about this tenant. That he is ...
Denise Evans
Alabama Tax Sales Auction, Excess Bid, and Redemption
This article is for tax sale investors who want to earn redemption interest income. Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, s...
Megan Arzt
Partial Rent received. Now it's late. What to charge?
So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
Lisa Mason
How to handle an "emergency" service call?
Greetings, and thanks in advance for any advice.So, I had a tenant with an emergency- she got home from work and her furnace fan was not blowing. We live in MN and it's winter so heat is a necessity. It's is a tenant ...
Bob Galivan
Cleveland Investing: Short Sales
A client recently contacted me about a short sale in the Cleveland market that seemed to be priced way below market value. After digging into the listing info, I found a fairly typical approach to marketing these prop...
Allen Martin
To build out the park or Not!
I have 5.5 acres that already host 6 mobile homes on it with room for more lots in the future but I also have the opportunity to get an additional 5.5 acres that conjoin my land the cost still T.B.D I want to expand m...
Allen Claussen
Apartment building near a college
My wife and I are looking into buying a 13-unit apartment building near a college. Every way I put numbers in from the BP calculators, it comes out great. The building looks great but has been on the market for almost...
Michael Lipari
Worth it to Hire a Short-Term Rental Designer?
Hello everyone,I am currently renovating an old home in upstate NY (Catskills Region) for use as an STR. This is my first deal. I am wondering if it is worth it to hire a designer to pick out flooring, wall colors, la...
Nakul Patel
LLC formation question
I am currently in CA and have an investment property in OH. I am trying to understand what is the best level of asset protection for holding these If I create a Wyoming LLC (which will be the holdco LLC) ? And can hol...
Aaron Robilotto
Priess Company - tpco.com
Hi Everybody, I am looking for advice/feedback regarding a property managment company that I have been working with for about 10 years in Raleigh North Carolina- the Priess Company (They manage a unit of min...