Bryenne Korte
I rent out my primary residence -- what should I do now??
Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
Peter Christensen
Collecting rent when tenant says they don't have it
I self manage a single family home as a rental in St. Paul, Minnesota. Three women signed the lease together last summer and have been good tenants since then for the most part. About a week before January 1st, one ...
Julie Marquez
Why is Rent Due on the First of the Month?
So this may sound like a basic questions, but why is rent due on the first of the month? What about people who want to move during the middle of the month? Other bills in life are billed monthly, but the due date is b...
Max McNally
Multiple Evictions. Time to sell?
Well, I'm in a bit of a jam. I have a 10 unit building in Ohio that I need to make a decision on. I just had one unit busted for dealing drugs, so they were evicted. I've also had 4 other units sent eviction notices f...
Larry N.
How to approach sellers for lease option deal?
After a basic email to sellers asking "will they consider a lease purchase" to see if they are even remotely interested in this type deal, some say they may be interested but first want to know my background, credit r...
Steve Wilcox
Liens that do not show up until after closing
I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...
Daniel Patterson
Is there more profit renting in some states opposed to others?
On Long Island, especially in my town Massapequa/Plainedge, taxes for a single family home are high... like 15k-25k high. Now I have read that homes of similar sqft and condition in other states have lower taxes. 5K o...
Damon Rucker
Purchasing Occupied 4 Plex with shabby M2M leases
Hello all!I’m preparing to close in a few short days on my second investment property: a cash flowing, fully occupied 4 plex! Though I’m hoping that this new chapter in my investing career is as promising as It looks,...
Jeremy Marek
In what order do you implement your tenant screening?
I am wondering in what order do you screen your tenants?My general thoughts are this: 1.) Get my ads out on CL, doorstep, etc.. 2.) Organize and Host an open house. 3.) Collect applications from those who attend the o...
Grace A.
Anyone closed on a property in the last 1-2 weeks?
I'm making offers on SFR mostly in Fulton County and curious to see if everyone has been able to arrange inspections, appraisals etc easily amidst covid-19 shutdowns?