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So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
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Need advice on selling or giving away timeshare? My wife bought one years ago, it's paid off but we have never used it and would like to get rid of it. It is in Florida, all you need to pay are the maintenance fees.
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I've saved a decent chunk of change (enough for a 10% down payment on a $300,000 house with a few thousand left over). I've been looking for about a year and after almost purchasing 3 of the first 6 houses that...
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Good morning! I'm looking to bounce the numbers off the members on a deal I am close to having under contract in the northwest suburbs of Chicago. "A" location with a "C" property ( in it's current condition). These a...
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Hi everyone, I'm reposting in this forum as I may have had this question in the wrong forum yesterday. I searched the site for an answer on this and found some conflicting info. Looking for a little clarification.My b...
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I am completely new to REI "NEWBIE" ALL THE WAY, so I have my concerns with a lending opportunity. I asked the developer how is he going to secure the loan so that I am guaranteed the return of my principle? I was tol...
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So lets say I have a friend... :) Who is a professional and is pretty happy where he is at and does not really have too much time into landlording and such, but is very much interested in getting into REI and buildi...
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Hello everyone,
I'm a wholesaler in Omaha, NE and recently have come across a hell of a situation. A gentleman called me the other day and wants to sell off 34 rental properties in Omaha! There's a couple catches and...
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Copied from a fellow broker so i have to paraphrase but thought this was good info -- esp why we never crashed in the housing bubble.MY WORKING FIRST TO @NICHOLAS B: I have an excellent article for you regarding why N...
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I'm interested in potentially getting into the self storage realm. My question in regards to that is what formula or numbers can I use to make sure it would be a sound investment. I'm having a hard time finding comm...