Hoping to help some newbs avoid some serious banking pain. This is one of many disasters with this bank that I have been involved with. I just spent 30 minutes helping my plumber try and get funds from a job. He depos...
Hello, ***I want to acknowledge ahead of time that I did not screen well enough and that I made a HUGE mistake in my tenant selection***I finished my FIRST EVER rehab in a pretty solid Milwaukee area probably B-/C+, a...
Carpet is so trashed that it may need to be replaced. They will shampoo as required by the lease before leaving for Texas (they even said so), but judging by the type and amount of stains on what was spotless carpet b...
Does anyone use Stessa for collection of monthly rental income? What program do you use for rent collection? (automatic late fee generated program)
Closing on my 1st duplex next week that has current long term, month to month tenants occupying both units. Any tips or ideas regarding forms or documents I should give them shortly after close? Looking to lock them i...
Hello ALLIve had a tenant that hasnt paid her water bill since february of last year. she is no longer living there for the last 3 months. The city sent me a bill to pay the water bill for a few hundred bucks which s...
Background:My new tenant abandoned her 12 month lease after staying at the property for just a little less than a month. She stated some family emergency and only gave me 3 days notice but only after I reached out ri...
My husband and I just got started doing buy and holds. We currently have 1 rental property that is going well and we decided to move out of our home and use it as a rental because it would bring in significant cash fl...
I recently did a cash out refi on an investment property to pay off the line of credit I had used for the downpayment on said property.I have about $5k in funds left over, and I'm trying to figure out what to do with ...
Need a simple answer from my experienced multi-family investors. I'm about to do my first multi-unit deal and I need to verify the info current owner/seller is telling me. I know this is done with an estoppel agreem...