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what kind of issues am i looking at if i pay contractors cash.
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I have a multi-unit that I'm selling that needs extensive rehab. I'm selling for the cost of the mortgage; however, the buyer does not have the cash to purchase or the ability to get a loan until the property is reha...
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Hello everyone, I just closed on my first rental property (duplex) in the DFW area. Biggerpockets has given me the motivation and courage to step out into REI. Reading and listening podcasts, posts and blogs has give...
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Hey BP Community!
I found an incredible deal (a bit out of my price range) but trying to ask HOW CAN instead of can't. With some finesse, I got the seller to agree on some creative financing. I so have some question...
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Do they allow market/future rents to calculate? Or do they use current rents?
What ive been able to gather is that they will allow future rents if the place is vacant, and current rents if they are occupied.
Finally...
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Does anyone use Cozy.co to manage a property from a payment perspective or even maintenance?
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I find this topic super interesting because it used to be that owning was nearly always cheaper or equivalent to rent. Now it seems nearly impossible in most cities. Maybe in the midwest? There may be more as you go f...
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When do you make tenant pay the late fee when you charge it? Do you let them carry a balance and pay by the next months rent? I am specifically speaking about single family. So if the pay the rent but it is late and ...
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Does anyone have a site they recommend for collecting rental monies from tenants/online direct payment?(paypal, freshbooks, quickbooks, etc...) With freshbooks you can send an invoice and they can pay online. However,...
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Hello everyone,I could use some advice regarding my situation.
I have two tenants whose leases are set to end in two days. One of them has just expressed a desire to stay until November 1st and is willing to forfeit...