I have heard different opinions regarding late fees. My properties are in the Denver Metro area, and the currently renting for $1150 per month and I charge $20 day late fee stated in the lease. Is this fair and re...
Good Evening, I just closed on a duplex in the same neighborhood as my others. They all rent for $650/door or better. Tenants pay everything except sewer. I met with one of the new tenants tonight to go over things wi...
I have a tenant in a triplex that owes 1 month rent. I told him I was going to start the eviction process two weeks ago and haven’t heard from him since. (There have been ongoing problems with his rent payments). Th...
All-- I asked a form of this question previously and got some good ideas-- I'm hoping for a couple more.
I've had dozens of conversations with sellers about doing lease options over the past few weeks-- some have bee...
Ok, I am a brand new investor. Just to break down where I am. I am a licensed General Contractor, I was a realtor in the past and recently have submitted my application to renew my RE license, I am a client o...
Based on our prospective applicant's initial contact he quoted 600 as his credit score and in our ad, we stated we were looking for 'good' credit. His credit came out at 530 with other delinquencies, judgement and li...
Hi BP folks,Looking for some advice here. I acquired a duplex (one 2Bd/1ba, one 3Bd/1ba) in the Holly Hill / Hilltop area near West Frankin Elementary school in April 2021. It came with good long-term tenants who have...
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...
Hi everyone, I just closed on my first property this past week in Rhode Island. It was a duplex with existing tenants on a month to month tenancy. The tenants did not pay rent for two months while we were under contra...
Hello everyone! I recently stumbled upon this website and have learned a lot of things I wish I knew years ago. I'm looking for some feedback and analysis on the house I already bought. This is a triplex, 2 bed 1 b...