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After a discussion with other landlords I have discovered a potential problem with Zelle. What happens when you are actively trying to evict an uncooperative tenant? Let’s say the tenant is intentionally or carelessly...
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Hello everyone,My story comes out of North Jersey where it seems that being a landlord is becoming more and more of a nerve-racking stroke-causing endeavor. My parents have owned and operated a 3 family house out of P...
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Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
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TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
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Hello All, been a member of BP for quite some time now, but rarely participate. However, need some folks to chime in on this one. Have a renter, attempted eviction last year (6 months arrears), court ordered tax che...
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My tenant is requesting a 5 year lease. I was originally going to increase rent by 3% per year. Because they want to sign for 5 years, which will reduce vacancy costs, I should probably reduce the annual rent increas...
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New landlord here...After researching, I'm still struggling to understand the allowable late fee, 10-day notice, and eviction timeline for the state of North Carolina...By law (in NC), you are not allowed to collect a...
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What should you expect from a property manager? What are realistic expectations? Let me know if I am expecting too much and if you have any recommendations for Phoenix, Arizona.
Is it unrealistic to have a manager dr...
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Hello BP!I have a few questions for my Illinois landlords and anybody else who might have some input.Gov. Pritzker announced last month that the moratorium will end by August in Illinois. This has been long overdue a...
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Hey BP family!
I had a lot of interest in hearing my story over on the Real Estate Rookie Facebook page regarding my first eviction experience. I know there's a lot of buy-and-hold investors and property managers on...