when there's a late fee policy of a % of the rent and a partial payment is made. Say rent is $1500 and only $1000 is paid. Is the % on the total rent or just the unpaid amount. Ex: say the fee is 10% Rent is $150...
HelloI want to leave my job and pursue real estate in the next year. What is the best strategy to produce a full time income in real estate.
O.k. I finally got down to the courthouse and looked at my very first batch of probate files. It was interesting and confusing at the same time. I know who passed away, their address, etc. But how do I chose the files...
Hello BiggerPockets fam, I am wondering how to approach this issue with my tenant. Earlier this month, my tenant uncovered water damage along the baseboards and lower walls of the master bedroom. Immediately, we conta...
hey bp,Need some advice on what seems to be my first problem tenant! This is her first month living there and she is late paying the rent. The lease says to pay by the 9th and today is the 16th. Since she is mailing i...
Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
My Journey from Residential to Commercial Real Estate
How I Got Started in Residential
I got started in residential real estate after I was released on waivers from the Oakland Raiders. I suffered an injury that I k...
Hello Everyone,
My name is Brian and I'm 25 years old, a recent college dropout.
I was going to school to become a teacher but I just really can't see myself being happy spending the next 30+ years doing that.
I'v...
My name is John Morgan. I have a wife and a daughter named Addison as well as a son that is due in April. I am a third grade teacher in an Inner-city school in North Knoxville and am originally from Dallas, Texas. I a...
Wanting to get into REI! But have no money to get started?? I have heard of ways to get started, but figured someone else might have some more knowledge as to what would be a great way to start from nothing to somethi...