Ok, I have a dilemma. How is the best way to collect rents if the majority of your tenants don’t have bank accounts. I know it is hard to believe in this day and age but there are a significant number of people who d...
Hello All!I have been a rei daydreamer for several years now and I never really knew how to take that leap. After listening to Brandon's 90 day challenge webinar one night I decided that I had to get going. Fast for...
I have 8 units 1 mile out from the university student center and on the edge of what might be described as "the hood." These units rent for 450 + gas & electric and pet fees.The former landlord mostly rented to st...
Background:My new tenant abandoned her 12 month lease after staying at the property for just a little less than a month. She stated some family emergency and only gave me 3 days notice but only after I reached out ri...
So I was thinking of requiring renters insurance when our tenants renew next time. Let's say market rent in our area is $875 for a 500 square foot 1/1. If I require renters insurance, should I reduce my rent to $850...
Hello everyone, New investor here from S.Central PA. Looking to get into a duplex very soon for a first deal. Will be doing a cash deal on the first 2 unit for around $100k and then soon after repeat the same thi...
A lot of new investors (like myself) seem to have the fear that once they buy a property, it will sit vacant for months and ruin their cash flow and make them unable to pay their bills. Of course, a lot of this depend...
Hello BP,
I have heard horror stories from landlords who have had several applicants apply for the same property. While it is in the best interest of the landlord to accept an applicant who has the means to p...
Hey I'm a licensed agent in Memphis, Tn and i have found a deal i'm looking to wholesale on. I'm still in the process of building me a team of people to help in my future endeavors but for right now what do I need to ...
Hello everyone,This is my second post to this community. Finally closed on the 4-plex and been property managing for the past 2 months. The community, podcasts and most importantly the book Rental Property Investing b...