![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/203194/small_1621432942-avatar-wayneduck.jpg?twic=v1/output=image&v=2)
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1803479/small_1621515702-avatar-davidp840.jpg?twic=v1/output=image&v=2)
Hi Guys,
Currently in escrow for a tenants occupied duplex in Los Angeles. We already got the tenants to agree to cash for keys to move out. They agreed to accept $2500 each (1 months rent) upon move out Oct 2020. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2669981/small_1676062820-avatar-loganr108.jpg?twic=v1/output=image&v=2)
Please share your "Why?"
Here's mine: Personally, I believe in real estate investing because I don't believe in job security.
This has been my experience...I have worked since I was 15 years old, mostly for small b...
Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129669/small_1621418274-avatar-troysheets.jpg?twic=v1/output=image&v=2)
Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/287829/small_1621441781-avatar-thomasn1.jpg?twic=v1/output=image&v=2)
Hey Everyone!I will just leave this here! Enjoy!Also, I have bought two more houses in which I will be doing the same. Although, the purchase price on them are only $4,500!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/383531/small_1621448098-avatar-tamiralush.jpg?twic=v1/output=image&v=2)
I bought a small multi-family about a year ago and inherited a terrible section 8 tenant who constantly complained to Housing dept. about every little thing and made my life hell... Her lease wasn't extended and she v...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/523025/small_1621481222-avatar-nickcarrel024.jpg?twic=v1/output=image&v=2)
Here's the scenario:I'm taking the real estate exam in April and need your advice. I'm currently the owner of a small dog walking business. It's tough to scale and I'm stuck in it. My dream is passive income and an...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/100511/small_1621417052-avatar-fstephenmasek.jpg?twic=v1/output=image&v=2)
I've noticed that some people like and want 2, 3 and 4 plexes, but never understood why. What do you think? I understand that there is just one roof and one exterior, but also that SFRs are much easier to sell, a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2768350/small_1694796752-avatar-toms560.jpg?twic=v1/output=image&v=2)
I own four rental properties in FL, managed remotely by a management company. All of them were bought in cash. Total worth is around $850k - $900k. My original goal was to generate enough cash flow so I can buy a hous...