Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
Hey all fellow landlords "in the trenches" with me in the Detroit area:In the five years my tenant has been at my rental property, most of the time he has been $300-$600 behind in the water bill. It's his responsibil...
I've been looking for good investments in my area (charleston, SC) since January and can't seem to find anything that will cash flow that 1) are in a decent/safe area or 2) cash flow according to my formula. I feel p...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Let me start with a little background on why I am posting this as it strikes me as a bit of a random post to just throw out there. The weekend of the 9th through the 11th I had to drive from Corpus Christi, Tx. to Cla...
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
Hello everyone! I'm considering pursuing rental arbitrage in Irvington, New Jersey, and I'm curious if this is a viable strategy. Has anyone had experience with midterm rentals in Irvington? Also, does this market typ...
I am looking to possibly do my first BRRR on a duplex this spring. It is two units of 2BR, 1BA with unfinished basements that will include 2 br, laundry room/storage and living room. So in the end 4BR, 2ba in each uni...
OK so, to qualify this, I've never bought a note before ....but I have paid attention and done some research. I have a property where the home owner is about 5 months behind on his mortgage and the bank is ready to ...
Our lease does not have a clause in it for when a tenant would want to break the lease early. I don't know how this slipped through the cracks. Has anyone been in this situation before? The background story. We rent a...