Sean Saadat
Tenant agreed to renew but did not sign the lease, sent payment
We have a tenant that had a lease expired on the last day of the month in April. A few weeks back we have inspected the place. LL and T both agreed to extend the lease for another year. We sent them the new lease ...
Ben Roberts
How do you finance a $22,000 rental in Memphis?
I normally wholesale in Memphis, TN but I've come across a rental that I'd like to own. The property is currently rented for $660/mo, I can buy it for $22,000. It definitely needs some updating and the market rents ...
Daniel Mendez
Fear of competition: How to overcome it?
Good morning members,
For those who have deals already under your belt, did you ever have a time when you were beginning where you saw how much competition there was in your local market and think to yourself "how in...
Joshua Mellor
Raising rent on a long time tenant.
I have a tenant that has lived in one of my apartments for 12 years with the rent never being raised. The apartment is way under what the rent should be. Is it out of line to raise it 8% come February 1st after the ...
Demetrius Reynolds
How to Dealing With Religious Clients?
Problem:I wanted to know how to do other agents deal with Religious clients or other clients in general that are not easy to work with. I have clients that I am working with now. That has offered $10,000 less than ask...
Christopher Pisz
HOA Uncooperative with questions on accounting
HOA Problems:
It all started when myself and a few neighbors had some questions regarding landscaping around the entrances to our neighborhood. We also heard about a park. Budgets and Actuals were asked for for the l...
Chris Hughes
How to tell tenant they are losing deposit...
Hey all! Been a while since I posted on here but I did have a quick question...My tenant has neglected some routine maintenance on the home I rent to them (has not been changing the A/C filter) and this has directly ...
Martin Saenz
Note Pricing has gone up….BUT
The pricing for non-performing notes has increased the last few years, but I’ve still been steady buying because:1) When you buy from sellers you have relationships with, there will always be inventory that makes sens...
Virginia Jones
direct deposit for monthly rent from tenants
i have a tenant that wants to pay me monthly rent through direct deposit. this would be going into the rental checking account for that specific unit. is it safe for me to give the tenant my routing and account number...
Aditya Soma
Tenant wants to moveout immediately and asking for last monthrent
Hello Friends,I encountered with the first tenant problem.I own a 3bed room unit in Windsor, Ontario, Canada. Rented, tenant moved in on 1st of this month, signed the 1 year lease(have all the papers signed), paid 1st...