I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...
A lady called me today, said she meets our Minimum Qualification Standards and we scheduled a tour tomorrow morning at a rental. She then goes on to tell me that she needs a place in immediately because a 90 year old ...
Hello! I love this site. Learned so much on it already!Before I go on, I would like to say that I feel very fortunate, lucky and very grateful for this inheritance. This money was given to me without my doing anything...
So I just received a summon in the mail for an infraction 10 days earlier: the recycling was put out too early in the day. It appears to be for $110. I could pay it, or go to court and see what happens. I'm sure when...
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Before people get in my DMs or up in arms about how important interest rates are please take a moment to read in its entirety to understand what I mean.As a mortgage broker and banker, I often hear that a client of mi...