John Van Uytven
I would be more sympathetic if......
What a long day. I'm drained.Today we filed on the tenants who didn't pay rent on the first.To spare longer details, I will keep this short.As I was making calls, to delinquent tenants, trying to see if they could pay...
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Fee for late rent
How soon do you guys start charging a late fee for late rent? I used a standard lease form that my agent provided and it says rent due on the 1st of each month. Then 3% late fee if more than 10 days late. Is that s...
Henry Le
How to switch utility bills over to tenants?
Hello BP community,I have a newbie question. Let's say you own a rental property. How do you go about arranging the electric, gas, water, and other utility bills to be paid by the tenants? Do you deactivate the ser...
Theo Hicks
Asset Management Questions for Experienced Apartment Investors
Hello everyone,I am trying to compile a list of the best asset management practices from active apartment investors. If you have experience with asset management and multifamily properties, could you please provide an...
Michael Marinelli
Newbie couple just starting out. Looking for contacts.
Hello All, Quick summary. My wife and I are looking to invest OOS as the Oregon/Portland market does not have many (if any) opportunities at the moment. We have narrowed our list of potential areas down to Cincinnati...
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Evictions : Pres. Trump's Executive Order Says . . . This
Actually here it is. It says they are trying to find ways to help people stay in their places by providing financial help. I did not see ANY indication you can't proceed with evictions after . . . . YOU are not FHFA...
Heidi Kenefick
Odd situation- water leak casued damage to neighboring unit
A unit I own out of state, which is vacant at the moment, had a leak. I wasn’t initially able to reach the PM, but eventually did and they went out and dried up the water. There was no damage to my unit so I did not f...
Michael Fitts
How I Bought My First House
It’s been about seven months since I bought my primary residence. Luckily, I had done some research going in to the deal so I had at least some idea of what to do. But of course, you won’t really know or learn everyth...
Sam Leon
Fannie Mae deal is giving me an ulcer!
I hate dealing with Fannie Mae.
I have this FNMA property under contract to close on May 2. There is a separate thread on that HERE, but I think this is a different issue and I need some advice on how to mov...
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Renting out an old Payless Shoe Store at NNN
I'm a complete novice at commercial real estate but jumped in head first. I now own a property in Florida that was a payless shoe store in a very busy area. After I bought it I was contacted by a number of brokers loo...