23 September 2021 | 6 replies
Rodrigues Definitely noticing that rent increase starting up, maybe by December rents will be closer to the 1% rule if home prices simmer down even more.
5 October 2021 | 6 replies
@Ishmael JohnsonGenerally, your lease agreement should specify how late rent notices will be sent.
14 September 2021 | 2 replies
Here in Georgia it's typically a 3 day notice to Pay or Quit then a trip to the Clerk of Court for filing.Your other option is to terminate this tenancy at will since there is no written lease in place.
21 September 2021 | 12 replies
@William RushtonUsually offer can state one unit to be delivered vacant at closing and this will satisfy lender.Or, if want to make offer more competitive, lender might let you close if tenant is month to month and you sign something that you will issue 30 days notice at closing..definitely would want to discuss with specific lender to see if they’re creative/good enough to make that happen.
21 September 2021 | 7 replies
If they are month to month, you can give them a notice that they'll have to move out by X date, in which case you could then go in and rehab and rent the properties out at a higher rate.
2 June 2022 | 35 replies
thankfully i only have one tenant taking advantage of the rent and eviction moratoriume) i'm one roof / siding replacement or one bad tenant from decreasing my ROI significantlyf) bad tenants suck, they basically suck the joy out of you.
22 September 2021 | 16 replies
@Matt TeegardenJust a couple things I noticed.
23 September 2021 | 11 replies
I just looked at my bank account and noticed we added $30,000 to savings in the last two months without being frugal or any focused effort.
22 September 2021 | 2 replies
Some other resources I use that are free of charge:Turbo Tenant Stessa (accounting/expense/income tracking)Other investors rather have other paid for programs that included notices/group e-mails, etc...
22 September 2021 | 7 replies
Yeah I’ve noticed from my rentals time of year makes a huge difference.