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Hi All! Happy New Year -We just discovered a property we purchased last spring (2022) had a tax lien on it that had been sold in late 2021. Notices had been going to the seller. The lien was put into foreclosure about...
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Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
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If you've had a similar experience or are a lawyer I'd love to hear your thoughts. One of my properties in Indianapolis has a squatter, who basically broke into the house when it was vacant. He changed the locks and h...
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I received an email from Cozy stating that a tenant disputed their rent payment/marked it as fraudulent with their bank. Cozy then reversed the payment, which had already been deposited into my account, and withdrew i...
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I'm a new landlord, haven't even collected first rent from tenants yet on a 3 unit in a city of about 100k population. Neighborhood is rough in an ethnically diverse section, but property price and rents seemed good. ...
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Husband and I don't agree on whether or not we charge a late fee for the first time rent is due, let me know what you guys think.
We just had a lady move in on Feb 1st and this March 1st is the first time ren...
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God only asks for 10% of your income.....
Most of my applicants and renters have been great, but I've had a couple of guys that have tried to get me to bend my rules, and just generally been unpleasant. I suspect they wouldn't act the same way if I was a man...
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I had to post this for others to learn from my mistake. No matter how much experience you have, you will always be at risk of taking a lost at some point. My problem, I'm way to nice and give everyone the benefit of t...
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So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...