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I am a first-time landlord and homeowner, and have recently purchased a fully tenanted duplex in Western Massachusetts, intending to owner-occupy one unit for the first year. The security deposits were transferred to...
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So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
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Good morning,I am currently working a 9-5 in property management and am wanting a way out. I am 22 and have been working in property management for close to 2 years now. I look at the people above me and what they hav...
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Hello brilliant BP crew.I'm just starting to invest from New Zealand and enjoying the podcasts that brought me here and reading all your informative posts :)I believe from some research before I start sourcing any pro...
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Hello, I am a new investor and I will be investing in land. So lets say i have a buyer who will sell me his property for $1000, What do i do next? I am lost here
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I know that most people preach about cash for keys, I have had two tenants I have tried it on and it has always lead to an even bigger headache and elongated the stress. I inherited one tenant when I bought a property...
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Hi, one of my tenant just move-in and I already have a long to-do list. For example, he wants new carpet, new paint. Complained the fridge is too small, complained the washer dryer didn't hooked up properly etc...In a...
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Hi BP members, We had 2nd floor tenants went on vacation and they turned off their heat for one month, so this Monday the water pipe busted. The water gushed in into the hallway and basement. 30min later, another wat...
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I recently purchased a property in Jacksonville Florida. The transaction had some bumps but we worked things out and closed on time. Later I found the original pro forma provided by the turnkey operator listed the ...
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Is there demand for loan origination for seller financed transactions across the country? We defiantly have the demand here. The benefits out weigh the expense and headache for us to become licenced and complian...