Jordan S.
Therapy Service Dogs & Pet Fees
Hi All,We have a tenant with an 18 month lease expiring in June. We have had a $50/month pet fee in place for her dog since day one. Tenant has expressed numerous times that she doesn't agree with the pet fee but ha...
Jay Gray
Installing mobile home in residential area Vs. new construction of small home?
I was thinking about this the other daythere are tons of very cheap (sometimes even "free") mobile homes available from families inheriting them who basically just want to get rid of the monthly park fee (rent) ASAP. ...
Ricardo Murph II
Does 8% vacancy and 10% PM calculations make sense?
I am getting ready to close on my first rental this week in the Cleveland area. I have run the numbers and it makes sense for my goals. I have been using the BP calculator using real numbers and rules of thumb. The co...
Jarrod Williams
Hotel tax and sales tax on short-term rentals
I am trying to get my barrings straight on taxes, fees, etc. associated with short-term rentals. In my state short-term is considered less than 30 days. According to my reading once classified as a short-term stay I...
Aubrey Ford
Are these normal numbers on a loan disclosure?
Trying to do my first deal and I just recieved a loan disclosure that breaks my deal. With a 714 FICO, 20% down on a $65k purchase they are quoting a rate of 8.5% , adding 4.5 loan points, and a total of $8,825 in ...
J. Martin
Consistent Late Payments but keeping Tenant - stupid?
1 of my 6 units in a lower-income neighborhood is late consistently, every month. I have accepted it so far, w/ late fee, for over 6 months. And so far, plan to continue doing so (but adding a daily late fee). Howe...
Bob Beach
Property Managers, Red Flags?
We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, th...
Diana Ramirez
Buyers Representative Agreement
When you have A Buyers Rep Agreement Exclusive can you charge the buyer a fee besides the commission your getting paid from the seller?
David Marzullo
Typical Private Lending Rates?
Hi, I'm new to bigger pockets I'm interested in different areas to earn passive income. I was approached by a friend who currently has 4 rental properties and is looking for a fifth however his debt to income ratio is...
Paul Sedillo
Perpetually Late with Rent
I have a renter who is perpetually late and her lease contract expired which converted to month to month. She is also has stretched out paying her late fees. If the late fees are not paid with the rent and stretched o...