when there's a late fee policy of a % of the rent and a partial payment is made. Say rent is $1500 and only $1000 is paid. Is the % on the total rent or just the unpaid amount. Ex: say the fee is 10% Rent is $150...
I put our condo for rent in Chicago and three very similar tenants, (same age, race, sex etc) all saw and submitted the application at the same time. Background checks and credit scores all checked out so I have nothi...
What's the deal with Dodd Frank - has it become more streamlined and easier to deal with over the past few years, that it has been implemented? Maybe I'm not up on the latest details of this. I have a friend, that is ...
Hello everyone! I decided to lease out my home while I am in graduate school, out of the area. My mother makes her living managing several of her own properties, however, I decided to go with a property manager becaus...
Alright folks! I wanted to pick some of your experienced brains as far as my next step. Last year my wife and I purchased a tax default SFH for 75K in our hometown, put 45k into it and sold for 174k It worked out p...
Hello, I'm a new BP member and I've been reading a lot of posts recently. This site is amazing!! My wife and I are interested in getting into real estate. With that being said, I'd like to see if you all can give ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $159,000
Cash invested: $22,000
Sale price: $330,000
1959 Single Family home on 4.2 acres with lake. Complete ...
Are insurance agents plugging in tax assessors data to determine dwelling coverage. My rental is recorded as 3/2 built in 1923 but it's 2/2 and remodeled ~10 years ago.It's basically identical to this house, same cons...
(Sorry, I put this in the wrong forum and don't see a way to delete it from this board. So just a heads up that it's not topical here!)Hi everyone, I'm looking for some advice on the most effective ways to market a se...
Hi Guys I am working on a deal in Providence RI. I have a seller who wants to sell me his house because he can no longer afford the payments. We agreed that I would give him 5k down and 5k every three months for a yea...