I have a 3 bed / 3 bath townhouse that is rented to 3 tenants. Two of the three tenants have never been late. The third tenant has historically been consistently late yet always has paid in full until recently. Afte...
I recently had a tenant family of 5 (3 adults who all signed the contract) move into a property of mine. I did a background check and called the past landlord who lives out of state. Landlord gave a good review and ...
I’ve had a tenant in my property for about 6 months. He’s been a problem from day one getting the rent in on time and it’s driving me nuts. So far he’s always managed to come up with the rent and the late fee every ti...
Hello everyone,Just thinking about a hypothetical situation where the tenant pays the rent after the due date but refuses to pay the additional late fee. How would you go about getting this money from them, or would y...
Okay, I am going to try and make this non convoluted. My wife and I sold our condo at the hight of the market, and we are currently staying with family. While saving for a house. We have a substantial amount saved, an...
Hello fellow bigger pockets users,I am a new bigger pockets podcast listener and forum member and this is my first post! I recently discovered the bigger pockets podcast and it has blown my mind and changed how I thi...
I welcome any feedback and suggestions. My business model is broken and need to fix it quickly.
I've been investing for over 8 years and specifically Sub To for the past 3 years. I buy with a minium of $15,000 in e...
I'm curious if anyone has thoughts on either/both of the Apartments.com Rental Manager or Zillow Rental Manager. I think the Apartments.com one used to be Cozy and it seems like it has additional functionality (especi...
I am looking at a 6 unit property. I have some of the down payment, could I get a conventional loan to cover rest of the down payment costs and then get my commercial loan? Has anyone tried this? Also, would this be a...
How do I calculate "cash-on-cash"?
50,000 purchase price
5,000 seller concession
1,150 gross rents
575 expenses (50% gross)
6,900 NOI (yr)
690 Vacancy/Rent Loss (yr)
6,210 Adjust Rent (yr)
10,000 d...