How to properly input the correct data in the Purchase Info & Rental Info Rental Property Calcuator? Is there a tutorial? Do I put in the utilities expense even though the tenant will pay? Please help
Ok. I was preparing online lease agreement for my first tenant, and made a mistake. I meant to set a small late fee to be charged per day, but instead it was set the small late fee to be charged per month if they dont...
Hey gang, just wondering why have a lease in tenant friendly states, like Ny, Nj or Cali? If deadbeat tenats don't want to pay and break lease and you end up with an eviction, what's the point?
Hi new to forums, and to the world of real estate, Please excuse my ignorance if any, your feedback is greatly appreciated. I purchased my first investment property (2Fam) with cash (raised from investors)The house wa...
Does anyone know the rules in Minneapolis for abandoning the unit by tenants? Assuming the tenant is gone without paying the rent and no where to be found or called for over a month.Thanks
Ok so after a few months of collecting cash payments i've grown weary of chasing down the tenants of my duplex for their monthly payments. To that end i've recently opened a bank account that i was going to use to hav...
Hello,I've bought a property through an intermediary that was running a turn-key property business. The intermediary paid some of the money, some of the property was built, and then they disappear with the rest of the...
BP Pros:I have done a ton of research on paying off mortgages early. With interest rates at historic lows and given that early payoff return is equal to the interest payment, I see expansion as a better option. Additi...
I'm in process of buying a property in an all cash deal. I opted for insured closing instead of a QC. I have closed on properties with warranty deed (insured closing) as fast as 9 days from accepted offer to closing b...
I'm a fairly novice investor, with one rental house (and perfect tenants!) that I've had for three years.
At a local REI meeting, during the 'deals' part of the meeting, a broker stood up and announced that he has a ...