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How do you enforce late fees? Just send bills in the mail?
I am having a tough time with a few renters who consistently pay late.
I have 12 units and I am thinking about paying a maintenance guy $300 per month to ...
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Hi All,
Long time lurker here; I just want to make sure I'm playing this right. I have a unit in my 4 Flat where we just leased to the tenant in August. She was separating from her husband and flew through the scre...
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BP,I am struggling on whether or not I should raise rents on about 20-25 units out of my portfolio. Where I'm located (southern state of IL) rents have kind of tapered a bit, and I realize how tough it is out there ri...
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I'm sure most of you prefer to keep your relationship with tenants professional. Kind of a dumb question but I was just curious as I am working on buying my 1st one. On a major holiday like Christmas for a lot of peop...
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Situation; Elderly Seller bought their Triplex home for around $350K Many Many Years ago. She lives in One unit and rents out the other TWO Units. Today its value is around $1.4M +/- She has discovered that IF she se...
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(posting this for a friend who’s not on BP)
Situation: My mom and dad have big hearts and made a nice gesture but unsound “personal finances” decision years ago. My mom runs a charity and to ensure the loan would be ...
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I am considering buy a rental property in a "C" neighborhood and looking to rent it to Section 8 individuals. Does anyone have any experience in this field. I am new to investing and just want to look at all of my opt...
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My wife and I just got our offer accepted on a turn key vacation rental in the Ventana Canyon area of Tucson. 1286 sq ft, 3 bedroom, 2 bath condo. Fully furnished including linens, dishes, pots, etc.
We're going ...
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Do you make a clear distinction between what's included and what's complimentary?In my mind if it included like a refrigerator than I am responsible to keeping it functional and repair or replace it when necessary.Com...
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Hi all, I'm in a conundrum and need smart suggestions.I currently rent out a 1 family house that is way below market value. The current rent barely pays for the monthly mortgage and I am scraping through to pay for pr...