Devin Gordon
How to handle the Late Fee
Say the lease states, rent is due on the first and every day after that its late is a $5 fee per day until up to 5 days. Then if not received by the 5th you can go ahead with the pay or vacate letter or whatever but m...
Fran Pratt
Newbie Advice: How best to leverage a HELOC?
Hi BP friends, been lurking here for awhile learning everything I can. I hope to buy my first rental (or an ambitious 2?) by end of year. So far I've read Real Estate Rookie, and am currently reading the BRRRR book, p...
Dominique Coleman
What is the best way to start in commercial/apartment investing?
Hello BP Community,I want to know what would be the best way to start commercial and apartment investing? Would my best bet be to find a mentor and learn from him? or Would I be better off going out and making mistake...
Account Closed
multiple self directed retirement accounts
ok gang, i'm trying to wrap my head around this stuff..can i do a combination of a self directed (or solo--not sure the proper term), AND a roth (either IRA or 401k)?? I would really like the solo 401k, since from m...
Sheila S.
How realistic is this short sale scenario (short sale with HELOC)?
I have a meeting with an attorney/real estate agent next week but am looking for some feedback in the meantime...wondering if this scenario could work:
We own a home in AZ...owe about $113000 on the mortgage through ...
Joey Andres
Attitude/Personality Needed For Rent Increase
Hello,
I have scoured the forums for rent increase posts. Most of them focus on how much to increase and what not. Owning multiple types of multi-family rentals (Class C and B for now), I have a good grasp of the val...
Jason Kim
When deciding the areas to Flip what Areas do you consider the most?
Hello to all BP members,
I can see that flipping investors don't just flip in one area, there are several targeted areas. What should I look for and what should I consider the most when picking the areas to flip, an...
David Janash
Ready to invest more money but have some LLC questions.
Totally new to BP.....Thanks in advance
I'm a dentist in NYC, I've always loved the idea of retiring in Phoenix and recently owning property for rental income and appreciation. So late 2012 we finally found a place, ...
Mark Updegraff
Using a buyer's agent versus contacting the seller's agent every time and why REALTORS need a special level of TRUST with their "investors"
I'm a licensed broker here in Upstate NY and I'm amazed at the lack of understanding that new investors have when it comes to agency. A close colleague and mentor in the business put it quite simply when I shared my ...
Frank Fiore Jr
likelyhood of actually receiving rent; via court
Background Information
1. Tenant is out of the apartment
2. Owes 7k +/- in back rent / heating oil
3. I have TAW agreement and a document he signed on the day he moved out stating he owes the above mentioned monies,...