Rent is due on the 1st. I offer a grace period of sorts through the 5th with no late fee. Once the 6th comes there is a $50 late fee and then $10 each additional day.I have had to collect this once ($60.00). Tenant ne...

I have a tenant who pays on time, keeps her place clean, and plans to rent for several years. However, she asks for the most annoying things to be fixed and it's taking more time than I want to spend. Examples: mailbo...

Hi BP, would anyone happen to know a good lawyer that handles assignment contracts and simultaneous closings? Or any advice on how I can get a good contract on my hands that I would feel safe using in Massachusetts? T...

Hi, I’ve got a deal lined up but am confused about the final funding. I have a private money lender(family member) that is going to fund the deal. The problem I’m running into is how to have the funds applied and stil...

I was recently posed a question and I'd love to hear your thoughts?  Let's say you have a typical small portfolio with buy and hold properties that are leveraged (let's say 70% LTV) but own one property outright.  And...

I am new to the forum and this will be my first building. The building is in excellent shape presently owned by an 80 year old woman who has "mothered" her long term (ten years or more) tenants. The rents are presentl...

I know there are companies out there who handle the transaction coordination for short sales.

Who do you use? What do they charge? Who pays this fee?

Thanks in advance

Danny

I'm still a bit confused on the toll-free phone numbers for taking calls. I can't figure out what I need to set up as a new investor. I don't want to put my cell phone number on my marketing pieces, so at a minimum ...

Good morning, BP! Background:I have a tenant moving out at the end of August. I've advertised the unit and have conjured considerable interest. Tenant and I have agreed to 24-hour notice to show unit. We have yet to s...