Just wanted to ask a question regarding rent increases. I have 2 buy and hold properties. My wife and I bought our 1st rental in 2010 and 2nd in 2014. We have always been of the mindset of keeping the property up to d...
Received this today from a tenant who has been a few days late in the past. I've been gracious. I moved their due date to the 15th so they didn't have to pay a late fee because they were always late. Today is the 2...
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...
Aloha BP!I'm unsure of whether I should go forward with my decision but I figured that I would post it here on BP because I value the opinions and feedback from the BP members here tremendously. So here is my story.My...
Hi everyone,Does anyone in the South Jersey area have a recommendation for a good collection agency?I had to evict a tenant who owes me about $3,000, and even if I don't collect, I want them to chase this person down ...
Hi everyone,This is my first post, and I'm in the midst of education, so bear with me here as I explain this complicated deal that lay before me if I choose to accept it.The deal is $260k for a 1600 sq ft house, and a...
My mom died last month leaving behind a home and a huge burden of debt. I'm emotionally attached to the house and I don't want to sell it. Being a single mom, I don't have enough to pay off her debt. What is the best ...
Just wanting to know a good way to approach a flaky tenant who has exceeded her 60 day notice to vacate. She is asking for more time to find a suitable place to live here in Santa Barbara. Low volume of rentals in our...
The adage about who you surround yourself with is accurate. The five people you spend the most time with will influence you. But as a new investor, sometimes this advice leads you to only have cheerleaders in your lif...