Hypothetical Question.You have a renter and they are late with a payment.  You charge them a late fee, but the next month, rent shows up on time but no added late fee.  What do you do?Is it worth evicting someone over...

So me and my wife just purchased our first rental and first house ever. It had Tenants in it and one of them is asking not to pay this month. (the first month we are collected rent as new land lords) They are saying b...

After 40 years or so, it is time to let the rentals go .. Have collected rentals over my working life and managed them myself( since retiring 20+ years ago), and am finding it more and more difficult to keep up with t...

Tenant gave legal  notice to vacate , BUT only paid for two weeks(left on 14th & paid to 14th) paid $700 out of $1400 rent. -- .  I intend to take the remaining two weeks out of her damage/security deposit and ref...

This may seem like a stupid question, but I hear @Brandon Turner always talking about Finding a Deal and the money will come. I find potential deals frequently. Problem is, good deals don't last long. By the time I fi...

Hi everyone,We just closed on a triplex - and are of facing those same issues of inherited tenants... i.e. below market rents (by about $400,) questionable histories since we didn't vet them ourselves etc etc... but b...

Unfortunately one of my tenants defaulted in March'24. She paid rent till February using one of the rent collection platform that I have been using. Last week she recalled the February month rent saying that she didn'...

Hello Bigger Pockets! I'm in pursuit to becoming a first-time house owner/hacker in the extremely competitive market of Chicago. Upon the property's listing a day ago, I quickly consulted my agent and decided it best ...

Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...

We have tenants that always take advantage of the 5 day grace period we have in the lease. Today we received a text that they had an unexpected emergency and that they aren't sure they will be able to get the full ren...