Suresh Ram
Tenant defaulting rent payment
My tenant has been missing timely rent payment, explaining her financial hardships. In an effort to change the tenant I said i need to sell the property once her current lease ends by Dec 31st. She sent a notice aski...
Jenny Milu
Statements That Potential Renter's say that make you nervous too?
I'm new at this, so please be kind! This is my first MTR and only rental at this time, I had one set of traveling nurses who were awesome and I just got a call from a second potential renter, yay! The unit has been va...
Dan Milinazzo
What's on your Wall? Behind your monitor?
After recently relistening to a few podcasts (namely #224 with Chris Clothier) talk about his backdrop came up. He has large whiteboards all around him tracking things like seminar schedules, KPIs (key performance in...
Sam Leon
Lease renewal - tenant "stalling"?
I would like to get some advice from fellow BP landlords on this.I have a tenant (inherited from a purchase in November 2014) whose lease is up the end of May.Around end of March, over 60 days from lease expiration, I...
Alex Locklear
Working with MLS Short Sales
Is it worth trying to flip short sales already on MLS? Often times it just says "short sale possible" and no negotiations have begun.
Anyone think these are worth while?
Nicolas Saavedra
A whole year's rent upfront?
Hello BP community!
While helping someone find a tenant for their property I encountered a dilemma. A prospect tenant offered to pay 2 months rent deposit plus 12 months of rent upfront due to the fact that I was un...
Brendan Canning
HELOCs for Investment Property
Hi Everyone - New member here. Any good places to get a HELOC on a multi-family house that I have? We have a significant amount of equity in the property and would like to use the equity for a down payment on another...
Calvin Ozanick
How to get Tenants to Pay EFT???
I currently manage 125 units in Janesville and Beloit WI. Many of our tenants are elderly, or lower income. Also, many of them do not have bank accounts. These are the types of people I typically house in my units. Ho...
Richard C.
Your lease is important...but it is not magic!
I've noticed something of a disturbing trend on this forum. There really seem to be many people who earnestly believe that the language of their lease is always and forever controlling. "Just do ___x____, it's in th...
Jackie E.
New Member from Lehigh Valley PA
The train is finally leaving the station; I have joined BiggerPockets!! For months I have been educating myself about real estate and home ownership by reading several publications, attending seminars and taking a rea...