I have a situation that I need some advice about.I have a tenant in one side of my duplex who is 8 months into a 1 yr lease (Tony). He is a recent divorcee and I really didn't make enough effort screening him (FWIW)....
would it be a good idea to borrow $100k at an interest rate of 3% /month? I plan to either buy a few properties (at a discount) that need rehabbing via hard money lenders. I would then use the monies from the loan f...
I've signed up for mint two or three times in the past, and I've never stuck to it because I feel like there are some very basic things that I am just not allowed to do. I'm giving it another go since I've heard other...
Hello All,I am home owner. I own a rental property in GIlbert AZ. I received a letter out of the blue today from an attorney's office attempting to collect debt for HOA dues totalling $2500. They claim its been due f...
Have a property under contract. It is closing in 10 days and everything is on track to close. The seller is aware I am an investor and will be renting the property out. I even showed the property to a prospective ...
I am a former Dave Ramsey fan who as very warily converted to the Robert Kiyosaki "Good debt" thinking. Had $418,000 in debt five years ago and will be debt free ($28,000 left) in May 2019. After weeks of research I ...
I have a tenant in Mississippi who is refusing to pay rent because it took 2 weeks for a broken exterior door(a small chip at the very top of the glass on the door) to be replaced due to contractor delays. I contacted...
Hello BP community. New to the site and fairly new to real estate investing. I currently own 2 rentals and in the process of a BRRRR. I've decided after this 3rd single family rental I'd like to switch focus to Multi-...
Hi all,Hoping to talk this through with people knowledgeable in this area.I own a 3 bedroom 1.5 bath home in Bergen County. With taxes, mortgage, and insurance my monthly payment is around $2600/month.My husband and I...
Just bought our first rental property. It's a single family house and the prevailing rent would be around 1,300 to 1,400.
I ask the tenant to submitt 3 months bank statments, 3 months pay stubs, employer information,...