The lease signed for one year, and it is going to expire in March, 2. The tenants due is $$2745. The deposit is $2000. If the tenant did not pay the electric and water bill, me- the landlord is responsible for the due...

How Much is Too Much to Charge Your Tenant in Late Fees?

In approx 18 months I intend to invest in multifamily as an active investor. I will have access to ~1M in cash for down payment and closing costs (I would also have reserves, separate from this capital). However, as I...

It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...

Hi BP Community,I am about to place my first tenant and I used the $1 trial with RentRedi, so I went through their application process, which was relatively easy, streamlined, and I did like it.  However, now that I a...

Has anyone come across the Money Merge Account (MMA), which is being marketed by United First Financial?
The idea is to use a HELOC to prepay your first mortgage by timing additional payments. It is supposed to be be...

Currently I do not have the best credit (fair) and not so much extra cash. For those of you that have already made at least their first investment. Where did you get the money? Own cash, 401k, hard money lenders, bank...

Hi All,I have a future tenant that signed a lease and has given a security deposit already.  I just received a call though from one of their references telling me to not let them move in and that they were in his pres...

I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...

Hello Fellow BPer's,I'm looking for feedback and info on "Ashcroft Capital" out of Texas. I may invest in multi family syndication deals that they do in Texas. Any feedback would be appreciated.