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Property Management Database Needed!!!
I am on a quest to find a database (Access, SQL, etc.) or software package that will manage my 40+ properties. Some are leased out. Some were sold with owner financing and I hold the note. Some are lease option wit...
Jared Pfaff
Storage unit deposits
I will be taking over about 240 storage units in about 6 weeks. The current owner have not charge any deposits and currently allow the tenants to either pay by credit card, EFT, cash, or check. I know most of the othe...
Alex Locklear
John Alexander's "Inverse Purchase System"
Who has actually USED it? Is it legit? Is it legal?
That's really all I want to know. Not if you think it's legal or illegal, we all have our speculations: I simply want to know if it is legit or not?
I want to st...
Dan Gheesling
Delinquent water bill from evicted tenants - what do you do?
Hey guys.I've been in the business for about 7+ years - and am looking at trying something new for water bills with my tenants.The best thing is with the City of Detroit. They have a water affidavit that puts the wate...
Mitchell Rusten
ELI5, why do people put profits into a 1031 vs a tax write off
Simply put, why do real estate investors need to put their profits on something like a flip into a 1031 exchange rather than simply putting the profits into a new property and writing off the acquisition like a normal...
Srini K.
Tax Certificates in Alabama
When you buy a tax certificate for vacant land in Alabama,1) Do you have to wait 3 years to get the tax deed and in the mean time have no right to the property2) Do you still have to take possession of the land after ...
Walter Diaz
Quit Claim deed vs Purchase
My mother and uncle acquired a property from my grandmother via a quit claim deed. Now my mom wants to give the house to me to take over. My uncle wants his half of the equity in the house as a payout and my mom wants...
Matthew Dunn
New Tenant Asking Asking To Pay Late
Dear Fellow Landlords,I just placed a new tenant into my freshly rehabbed 2 bedroom apartment which is part of a 4plex. As I'm new, I feel like I screened her thoroughly and she came back good on all the checks I made...
Bryan Blizzard
How to raise the rent
I a rental property that came a long-term tenant. I would like to go up on their rent as it is a little low, but I haven't mentioned this to them yet. A couple of days ago the tenant asked if she could get new carpe...
Mary Joe
guarantor or co-applicant situation, what to look for
Can someone offer me advice as to anything in particular that I should look out for?
I am getting a new tenant, lease not yet signed, she does not make enough money, the rent will be paid by her father. Her fathe...