Meng W.
Long time tenant refuse to pay late fee
Hi everyone,Wonder if you can help me out here. Ny tenant who rented a floor in my housw for 6 years now. Her lease has been up for 4 years and i am not planning to renew it in any means. Her monthly rent payment is a...
Derek Bueckert
New tenant paid rent but not sec. deposit
Created a suite in my primary and just received my first ever rent payment. One day late, but paid. I had a daily fee listed for late rent, but no late clause for a security deposit. She said she should be able to pay...
Isaac Hayes
Conveying Security System
I just closed on a property, and the seller let me know that a security system exists at the property. It sounds like the cost of this was billed to the seller, and the tenants were reimbursing the seller each month. ...
Geronimo T.
Investor loan down payment
I'm calling different banks asking what downpayment for investor loan is. Lowest I got is 15% for single door. If I get duplex, triplex or fourplex, then it's 25%. I'm in Texas. Is this standard? Is 15% good? Has anyo...
Anthony Cortello
Bond for Deed
Is there a way to find a private lender that I can secure a loan with using a property that is cash flowing and has over $170k in equity? The loan would be on another longterm rental property ?
Mike Franco
Dealing with tenants who don't want to pay last month's rent.
I've read about them. and I'm dealing with them.
They think they can just use their security deposit as last month's rent, leaving the landlord holding nothing to cover damages.
Do tenants really have the upper hand...
Jill F.
Last Month's Rent in Ohio in addition to security deposit
Hi fellow Ohio landlords, The law in ohio requires that landlords pay (5% per annum) interest on security deposits over one month's rent that are held longer than 6 months. http://codes.ohio.gov/orc/5321...Will the c...
Kevin Phu
Adding a late fee policy and retroactive security deposit
I have a tenant that is a friend and former coworker who has been late on rent 4 times in the past 12 months. He has auto pay set up but due to some financial issues, the account sometimes has insufficient funds so hi...
Tony Castronovo
How to handle deposits at lease signing
I've had the good fortune thus far to have tenants move in pretty quickly (within a week of lease signing). But with my latest property I am experiencing what I think is more typical.....that a prospective tenant sig...
Francois Acosta
What is Note Investing?
hi everyone, im curious what a note is? ive seen around BP forums and podcasts talk about Notes for investments; I haven’t understood them. If anyone can help thanks.