Niki Sharan
Newbie Looking to get Started
Hi everyone, I’m Niki from Seattle. I’m new to REI and very late to the game so I’m glad I found this community. I’m hoping to find a good 2-4 unit investment property in the next few months that has good cash flow t...
Yvette M.
? return security deposit for good history
Does anyone have lease language where you would return a portion of SD for on-time rent payments and behavior? I have a young tenant with decent credit, but no rental history and would like to offer as an incentive t...
Clint Larson
Small multifamily due diligence question
Hello, I'm a first time investor and I have a 6-plex under contract. What would you do in this situation?I have nearly all my contingencies met by the motivated sellers. However, I am wanting to see actual proof of th...
Sreeni Guntupalli
Tenant rent check returned in GA
Hello All,
I have a tenant who has been paying rent regularly until December (in Cumming, GA). But, the January rent got delayed and I was finally paid by check which got returned due to NSF. The current lease expire...
Paul McComb
Buying Multifamily with Private Money
Wanted to see if anyone else on here is doing the same thing when it comes to purchasing multifamily properties. The last 4 properties I have purchased equalling 12 units was all done with private money at 10% interes...
David A.
Tenant just text me will be late on rent for the first time
I have had this couple always be on time for the past 6 months but I just received a text. I am not sure what to think about it because I really want to be strict about late rent and in the lease agreement says that l...
Jennifer H.
Should I charge late fee on the first month?
Husband and I don't agree on whether or not we charge a late fee for the first time rent is due, let me know what you guys think.
We just had a lady move in on Feb 1st and this March 1st is the first time ren...
Tia Rubadeau
Financing with collateral for so-so credit
Hi everyone,
I'm new here and was wondering if I could solicit some opinions on financing options to keep business growing. I'm avidly reading, listening to podcasts and working on a business plan but keep ...
Phil Kurumunda
"treble damages"
Hello everyone. I recently had a tennant that was very un cooperative. Our first mistake was being too flexible and accomodating to this guy. When he finally did leave,he left in a hurry without a walkthrough. we fou...
Kathryn Morrow
Problem with tenant that is going to sue.
I have a tenant that has trumped up all kinds of complaints and did not pay rent for the last month and has moved. She is demanding her security back and has gotten a lawyer. We had hurricane IDA and I had some roof d...