Nicholas Paros
Stopping Late Payments
I would like to get everyone's opinion on a matter. I have a couple renting from me that are constantly paying late. Now I have a late fee policy in place and I enforce it (rent due on the 1st,$50 on the 6th, $10 per ...
Paul Cumming
Is this charge reasonable? Squirrels and HVAC
I just received 2 bills from my property manager in Memphis. $575 to trap squirrels (they caught 4) and $500 to "fix a fan. Fan was on low speed. Moved the wires to run on high. AC is now working as it should".
I don...
Bradley LaBrie
First BRRRR Refinance..Tips?
I have a 3 unit I turned into a 4-plex and appreciated somewhere over $100K+ waiting the eventual appraisal. I just started the preliminary discussions with a different broker (I used a 203k loan for a part of the reh...
Jevon Scott
Is it a good idea to invest in property in Colorado spring
I am currently looking to start investing in rental properties I have a current property in Pa I’m hoping to close on, and I’m hoping it runs smoothly. I just want to get some advice on Colorado Spring. Should I inve...
Carlos Garcia
Out of state repairs - cost
Hello,I just got started with my first rental property a few months ago, and I'm facing repairs for the first time. The property is in NC (I'm in WA) so it all goes through a property manager. The repairs were prompte...
Chris Sawtelle
Becoming a Syndactor
Hello everyone! I am a real estate investor in California who started out researching single family homes and ended up investing in multifamily. I have been studying up on syndicating and really want to dig into the n...
Janice V.
MHP for Sale by Dying Seller with a whole LOT drama included...
I looked at this Mobile Home Park couple weeks ago. The park is distressed with the Seller old age and health problems he hasn't been keeping up the park clean. After couple of hours talking to Seller and his Broker, ...
Chootar Laal
Tenant trying to use security deposit as rent payment.
My tenant for the past few months will be leaving in 2 months and I already have his last month's rent but he is also trying to use the security deposit (which is equal to a months rent) as the 2nd the last month's re...
Craig Shrimpton
How exactly are we helping the distressed seller?
All,Please help me get my head around a basic principle.One of the basic points in buying for cash from distressed owners is the investor is somehow helping them. I'm trying to figure out exactly how.For example: You ...
Kirill Romashov
Raising rents when buying a property
Hello. First time posting. How do you increase the rent on a property you are purchasing if it already has tenants. (Tenants are on a month to month)